Fubo Beats Wall Street Q2 Expectations Ahead Of Key Hearing In Antitrust Lawsuit
FUBOfuboTV(FUBO) Deadline·2024-08-06 20:53

Streaming pay-TV operator Fubo beat Wall Street estimates in the second quarter, reporting a loss of 8 cents a share and $382.7 million in total revenue. The loss improved upon the year-ago quarter's loss of 19 cents a share, while revenue increased 26%. Fubo also said it hit 1.45 million paid subscribers, up 24% from the same period in 2023. The financial results came on the same morning a hearing will begin in federal court in New York in Fubo's antitrust lawsuit against Disney, Fox and Warner Bros. Disco ...