FuboTV Q3 NA subscribers record 1.23M, revenue +40% YoY; raises FY22 guidance

FuboTV Inc.

2022-Q3 EPS reported -$2.32 revenue$688,722,000

NA streaming revenue $219.2M (+40% YoY); ad revenue $22.5M (+21% YoY).
Global revenue $224.8M (+43% YoY); net loss $152.7M inclusive of $35.5M gaming impairment.
Adjusted EBITDA -$92.7M, margin improved to -41.2% from -51.9% YoY; cash $307.4M.
Q4 NA guidance: revenue $277.5-$282.5M, subscribers 1,355-1,375k; FY22 rev raised to $949.7-$954.7M.
Closed Fubo Sportsbook; focuses on profitable growth with free cash flow target in 2025.

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