secwatch.observer — SEC 8-K summary
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Issuer:     FuboTV Inc. (FUBO)
CIK:        0001484769
Form:       8-K
Filed at:   2024-03-01T23:59:59+00:00
Accession:  0001493152-24-008410
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fubo beats Q4 guidance with record 1.618M subs, NA rev +29%, ARPU $86.65; guides FY24 +13% rev growth
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- Q4 NA subscribers record 1.618M (+12% YoY), NA revenue $402M (+29% YoY), ARPU all-time high $86.65 (+15% YoY).
- Net loss from continuing ops $71M ($0.24 per share) vs $95.9M ($0.48) YoY; Adjusted EBITDA loss $50.7M vs $75.4M.
- NA Q1 2024 guidance: subs 1.415M-1.435M (+11% mid), revenue $365M-$375M (+17%); FY2024: subs 1.665M-1.685M (+4%), revenue $1.505B-$1.525B (+13%).
- Fubo filed antitrust lawsuit against Disney, Fox, Warner Bros. Discovery over alleged anticompetitive sports streaming JV.
- Cash and restricted cash $251M; fourth consecutive quarter of YoY FCF and AEBITDA improvements; reaffirms positive cash flow goal in 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1484769/000149315224008410/0001493152-24-008410-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1484769/000149315224008410/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-008410

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