The earnings call highlighted strong revenue and subscriber growth in North America, along with significant improvements in profitability metrics. However, challenges such as a decline in advertising revenue and subscriber numbers in international markets tempered the positive outlook. The successful legal action against a joint venture involving major competitors was also a key positive development.

Company Guidance

During Fubo's Q3 2024 earnings call, the company provided comprehensive guidance, projecting North America subscriber growth for Q4 to range between 1.665 million to 1.705 million, representing a 4% year-over-year increase at the midpoint. Revenue guidance for the same period is set between $426 million and $446 million, indicating a 9% year-over-year growth at the midpoint. For the full year 2024, North American revenue is expected to be between $1.58 billion and $1.60 billion, reflecting a 19% year-over-year growth at the midpoint. In the Rest of the World segment, Q4 subscriber guidance is between 345,000 to 355,000, marking a 14% year-over-year decline at the midpoint, while revenue is anticipated to be between $8 million and $9 million, showing 0% year-over-year growth at the midpoint. The full-year 2024 guidance for this segment projects 345,000 to 355,000 subscribers and $33 million to $35 million in revenue, representing a 4% year-over-year growth at the midpoint. This guidance considers potential industry volatility and emphasizes disciplined subscriber acquisition cost management relative to monetization.

North America Revenue and Subscriber Growth

North America revenue grew by 21% year-over-year, reaching $377 million. Subscriber numbers also increased by 9% year-over-year, achieving 1,613,000 paid subscribers.

Significant Improvement in Adjusted EBITDA

Adjusted EBITDA improved by nearly $100 million year-over-year over the trailing 12 months, with a $33.8 million improvement in Q3 2024 compared to Q3 2023.

Reduction in Net Loss and Adjusted EPS Loss

Net loss decreased to $54.7 million from $84.4 million in Q3 2023. Adjusted EPS loss improved to $0.08 from $0.22 in Q3 2023.

Preliminary Injunction Against JV

Fubo won a preliminary injunction against the sports streaming joint venture from Disney, Fox, and Warner Bros. Discovery, which was seen as likely to succeed on its claims.

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fuboTV (FUBO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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FUBO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 26, 2025	2024 (Q4)	-0.18 / -	-0.24	―	―	―
Nov 01, 2024	2024 (Q3)	-0.18 / -0.16	-0.29	45.52% (+0.13)	―
Aug 06, 2024	2024 (Q2)	-0.14 / -0.08	-0.17	52.94% (+0.09)	―
May 03, 2024	2024 (Q1)	-0.22 / -0.19	-0.37	48.65% (+0.18)	―
Mar 01, 2024	2023 (Q4)	-0.31 / -0.24	-0.76	68.42% (+0.52)	―
Nov 03, 2023	2023 (Q3)	-0.32 / -0.29	-0.82	64.63% (+0.53)	―
Aug 04, 2023	2023 (Q2)	-0.30 / -0.17	-0.63	73.02% (+0.46)	―
May 05, 2023	2023 (Q1)	-0.45 / -0.37	-0.89	58.43% (+0.52)
Feb 27, 2023	2022 (Q4)	-0.71 / -0.76	-0.76	0.00% (0.00)
Nov 04, 2022	2022 (Q3)	-0.73 / -0.82	-0.74	-10.81% (-0.08)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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FUBO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 01, 2024	$1.74	$1.52	-12.64%
Aug 06, 2024	$1.31	$1.33	+1.53%
May 03, 2024	$1.55	$1.37	-11.61%
Mar 01, 2024	$2.07	$1.90	-8.21%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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