secwatch.observer — SEC 8-K summary
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Issuer:     FuboTV Inc. (FUBO)
CIK:        0001484769
Form:       8-K
Filed at:   2023-11-03T23:59:59+00:00
Accession:  0001493152-23-039224
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1484769/000149315223039224/0001493152-23-039224-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1484769/000149315223039224/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-039224

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