"Path to Profitability Accelerates What stood out most was the trajectory. Fubo reported a $0.02 EPS beat against expectations for a $0.04 loss, marking the company's first positive annual earnings in years. The loss narrowed dramatically from a $0.16 miss in Q3 2024 to near breakeven this quarter. That's not just operational improvement. That's a company finally executing on its restructuring promises."
"Revenue of $377.2 million topped estimates by $8.6 million, a 2.3% beat driven by North American subscribers hitting 1.63 million, the highest level for any Q3 on record. Adjusted EBITDA turned positive for the second consecutive quarter at $6.92 million, a critical signal that the core business is moving toward sustainable profitability even before the Hulu merger benefits fully materialize."
FuboTV reported adjusted EPS of $0.02, beating expectations for a $0.04 loss and narrowing the loss from a $0.16 miss in Q3 2024 to near breakeven. Revenue reached $377.2 million, exceeding estimates by $8.6 million, driven by 1.63 million North American subscribers, the highest Q3 level on record. Adjusted EBITDA was positive at $6.92 million for the second consecutive quarter, indicating improving unit economics. The Hulu + Live TV integration closed during the quarter, creating the sixth-largest U.S. pay TV service. Fubo launched Fubo Sports in over 100 U.S. markets and introduced new ad formats including pause ads.
Read at 24/7 Wall St.
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