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How much revenue will Fubo generate in the second quarter 2024?

Second Quarter 2024: Fubo is projecting 1,275,000 to 1,295,000 subscribers, representing 10% YoY growth at the midpoint, and $357.5 to $367.5 million total revenue, representing 19% YoY growth at the midpoint.

How did Fubo perform in the first quarter?

Fubo achieved 7% gross margin (globally), representing a 588 (bps) YoY improvement. Net Loss from continuing operations in the first quarter was $56.3 million, leading to an earnings per share (EPS) loss of $0.19. This compares favorably to a Net Loss from continuing operations of $83.4 million, or an EPS loss of $0.37 in the first quarter of 2023.

Who owns Fubo TV?

Its platform, fuboTV, allows customers to access content through streaming devices and on Smart TVs, mobile phones, tablets, and computers. The company was founded by David Gandler, Alberto Horihuela Suarez and Sung Ho Choi on February 20, 2009 and is headquartered in New York, NY. FUBO | Complete fuboTV Inc. stock news by MarketWatch.

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