earnings
confidence high
sentiment positive
materiality 0.75
Fubo posts Q3 revenue $386M (+20% YoY); net loss narrows to $54.7M; FY NA revenue guided $1.58-1.60B
FuboTV Inc.
2024-Q3 EPS reported
-$0.43
revenue$1,179,519,000
- NA revenue $377M (+21% YoY) with 1.613M subscribers (+9% YoY); ARPU $85.64.
- Net loss from continuing ops $54.7M ($0.17 EPS loss) vs $84.4M ($0.29 EPS loss) in Q3 23.
- Adjusted EBITDA -$27.6M, improving $33.8M YoY; Free Cash Flow -$1.1M, improving $31.3M.
- TTM net loss improved $110.1M; company targets positive FCF in 2025.
- Antitrust lawsuit against Disney/Fox/WBD: preliminary injunction granted; trial set for Oct 2025.