secwatch.observer — SEC 8-K summary
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Issuer:     FuboTV Inc. (FUBO)
CIK:        0001484769
Form:       8-K
Filed at:   2022-10-17T23:59:59+00:00
Accession:  0001493152-22-028568
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

fuboTV preliminary Q3 NA revenue at least $210M (+34% YoY), subs >1.22M; dissolves Fubo Gaming
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- NA revenue at least $210M (+34% YoY) and paid subs >1.22M (+27% YoY); prior guidance $200-205M and 1.135-1.155M subs.
- ROW revenue at least $5.5M with ~350K subs; prior guidance $5-6M and 340-360K subs.
- Adj EBITDA expected approximately -$100M; cash and equivalents at least $300M.
- Board approved dissolution of fubo Gaming; Fubo Sportsbook ceases immediately.
- Non-cash impairment of ~$70M expected from market access agreements; additional cash charges possible.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1484769/000149315222028568/0001493152-22-028568-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1484769/000149315222028568/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-028568

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer