Fubo beats Q3 guidance with record 1.477M NA subscribers; raises FY2023 outlook

FuboTV Inc.

2023-Q3 EPS reported -$0.80 revenue$958,044,000

NA revenue $313M, up 43% YoY; NA subscribers 1.477M, up 20% YoY, both above guidance.
NA ARPU record $83.51, up 17% YoY; advertising revenue $30.3M, up 34% YoY.
GAAP net loss from cont. ops $84.4M ($0.29 loss per share) vs $105.8M ($0.57) in Q3 2022.
AEBITDA improved $21M YoY to -$61.5M; Gross margin 6% (+884 bps YoY); SRE 89% of revenue.
Raised FY2023 NA revenue guidance to $1.319-$1.324B and subscriber guidance to 1.584-1.599M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.97

FuboTV Inc. reported the three months ended September 30, 2023 results: net income Net Loss from continuing operations was $84.4 million, EPS earnings per share (EPS) loss of $0.29. Guidance raised.

Period: the three months ended September 30, 2023
Net income: Net Loss from continuing operations was $84.4 million
EPS: earnings per share (EPS) loss of $0.29
Guidance: raised
Result: reported results

Exact text from the filing

fuboTV Inc. announced its financial results for the three months ended September 30, 2023.

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Source: SEC EDGAR

accession 0001493152-23-039224

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