fuboTV Inc. (FUBO) Tops Q2 EPS by 18c, Beats on Revenue; Offers Guidance

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Fubo Closed Q2 2024 With 26% Year-over-Year Revenue Growth, 24% Year-over-Year Subscriber Growth and Exceeded Guidance in North America; Global Business Achieved 6th Consecutive Quarter of Year-over-Y

August 6, 2024 7:30 AM EDT

Company Raises Full Year 2024 Guidance in North America

NEW YORK--(BUSINESS WIRE)-- FuboTV Inc. (d/b/a/ Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced its financial results for the second quarter ended June 30, 2024. The second quarter marked Fubos sixth consecutive quarter of year-over-year (YoY) improvement in its global profitability metrics.

In North America, the Company exceeded guidance, ending the second quarter with double digit YoY growth, delivering $382.7 million in total revenue, up 26% YoY, and 1.45 million paid subscribers, up 24% YoY. Average revenue... More