
FuboTV reported its Q3 2024 earnings, showcasing significant improvements and growth. The company achieved a 21% year-over-year revenue growth, closing the quarter with $386.2 million in revenue and 1.613 million subscribers in North America. The adjusted earnings per share (EPS) was reported at -$0.08, surpassing the estimated -$0.18. Additionally, the adjusted EBITDA improved by $33.8 million year-over-year, standing at -$27.6 million. Fubo's stock was up +6% after hours following the earnings report. For Q4 2024, FuboTV provided guidance for North America revenue between $426 million and $446 million, indicating a 9% year-over-year growth at the midpoint. The company also forecasted ROW revenue of $8 million to $9 million.
$FUBO | fuboTV Q3'24 Earnings Highlights: 🔹 Adj EPS: ($0.08) (Est. -$0.18) 🟢 🔹 Revenue: $386.2M; UP +20% YoY 🔹 Adj EBITDA: -$27.6M; Improved by $33.8M YoY
$FUBO (+1.7% pre) Fubo Closed Q3 2024 With 21% Year-over-Year Revenue Growth and 1.613M Subscribers in North America https://t.co/uaELqfJWwW
$FUBO | fuboTV Q3'24 Earnings Highlights: 🔹 Adj EPS: ($0.08) (Est. -$0.18) 🟢 🔹 Revenue: $386.2M; UP +20% YoY 🔹 Adj EBITDA: -$27.6M; Improved by $33.8M YoY Q4'24 Guidance: 🔹 North America Revenue: $426M-$446M (9% YoY growth at midpoint) 🔹 ROW Revenue: $8M-$9M (0% YoY…
