---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-015509"
form_type: "8-K"
ticker: "FUBO"
cik: "0001484769"
company_name: "FuboTV Inc."
filed_at: "2023-05-05T23:59:59+00:00"
generated_at: "2026-06-15T16:29:59.576460+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fubo beats Q1 NA guidance, raises FY2023 guidance; cash sufficient to reach 2025 profitability

## Summary
- NA Q1 revenue $316.5M (+34% YoY) beat midpoint guidance by $19M; subs 1.285M (+22% YoY) beat by 135K.
- Net loss from continuing ops -$83.4M (-$0.37 EPS), improved from -$128.4M (-$0.81) YoY; AEBITDA -$58.9M.
- FY2023 NA guidance raised to revenue $1,235-1,265M and subs 1,550-1,570K (8% YoY growth at midpoint).
- Ended Q1 with $364.8M cash; company expects no further ATM draws and sufficient cash to reach positive cash flow in 2025.
- NA ARPU grew 8% YoY to $76.79; ad revenue flat at $22.5M amid ad market pressure; expects acceleration in Q2.

## SEC filing metadata
- accession: 0001493152-23-015509
- form_type: 8-K
- ticker: FUBO
- cik: 0001484769
- company_name: FuboTV Inc.
- filed_at: 2023-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1484769/000149315223015509/0001493152-23-015509-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1484769/000149315223015509/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-015509
- JSON: https://secwatch.observer/filing/0001493152-23-015509.json
- Plain text: https://secwatch.observer/filing/0001493152-23-015509.txt

## Key facts
- Earnings Releases
  FuboTV Inc. reported the three months ended March 31, 2023 results: revenue $324.4, net income $-83.4, EPS $0.37. Guidance initiated.
  - Period: the three months ended March 31, 2023
  - Revenue: $324.4
  - Net income: $-83.4
  - EPS: $0.37
  - Guidance: initiated
  - Result: reported results
  source text: Summary Financials (millions) (GLOBAL) 1Q22 1Q23 1Q23 YoY % Revenue $ 242.3 $ 324.4 +34 % Total Operating Expenses $ 365.3 $ 405.8 +11 % Net Loss $ -128.4 $ -83.4 -35 %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1484769/000149315223015509/0001493152-23-015509-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.