FuboTV Q3 Earnings: Subscribers Grow 9% To 1.61 Million, Narrows EPS Loss, Raises Annual Outlook

FuboTV Inc.’s (NYSE:FUBO) stock traded higher in the premarket session after it reported fiscal third-quarter 2024 results.

Sales of the sports-first live TV streaming platform grew 20.1% year over year to $386.21 million, beating the analyst consensus estimate of $376.77 million.

Adjusted EPS loss of 8 cents beat the analyst consensus estimate of 18 cents loss.

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The company’s adjusted EBITDA margin loss stood at (7.1)% versus (19.1)% Y/Y. 

North America Streaming: Revenue grew 21% Y/Y ...