earnings
confidence high
sentiment positive
materiality 0.80
Fubo Q2 NA revenue $382.7M (+26% YoY); raises FY24 guidance; 6th consecutive quarter of profitability improvement
FuboTV Inc.
2024-Q2 EPS reported
-$0.27
revenue$793,312,000
- NA subscribers 1.45M (+24% YoY); ARPU $85.69 (+5% YoY).
- Global Net Loss from continuing ops $25.8M vs $54.2M YoY; adjusted EPS loss $0.04 vs $0.12.
- Adjusted EBITDA -$11.0M, a $19.6M YoY improvement; Free Cash Flow -$35.3M, +$40.5M YoY.
- Raised NA FY2024 subscriber guidance to 1,725K-1,745K and revenue to $1.57B-$1.59B.
- Repurchased $46.9M face of 2026 convertible notes; no debt maturing in 2024/2025.