fuboTV Inc. (FUBO) Tops Q3 EPS by 23c, Offers Guidance
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FuboTV Announces Q3 2022 Results; North American Streaming Business Delivered Record High 1,231,000 Subscribers, Exceeded Revenue Forecast
November 4, 2022 8:00 AM EDTNEW YORK--(BUSINESS WIRE)-- FuboTV Inc. (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced its financial results for the third quarter ended September 30, 2022.
Revenue and subscriber growth for Fubos global streaming business was strong during the quarter, with North America (NA) revenue and subscriber growth coming in ahead of forecast. FuboTV closed the quarter with $219.2 million in revenue for NA, an increase of 40% year-over-year, while ad revenue was $22.5 million, up 21% year-over year. NA paid subscribers reached a record high of 1,231,000, an increase of 31% year-over-year.
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