Fubotv Inc. ( (FUBO) ) has released its Q1 earnings. Here is a breakdown of the information Fubotv Inc. presented to its investors.
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FuboTV Inc., a prominent sports-first live TV streaming platform, operates in the U.S., Canada, Spain, and France, offering a comprehensive range of live sports, news, and entertainment content.
In its first-quarter 2025 earnings report, FuboTV announced that it exceeded subscriber guidance and achieved revenue targets, marking significant improvements in global profitability metrics. The company reported a notable $100 million+ improvement in net income, adjusted EBITDA, and free cash flow over the trailing twelve months.
Key financial highlights for the quarter included a 3.5% year-over-year increase in North American revenue to $407.9 million, despite a 2.7% decline in paid subscribers. The Rest of World segment saw a slight revenue decrease of 0.4% with a 10.9% drop in subscribers. FuboTV’s net income from continuing operations reached $188.5 million, translating to an EPS of $0.55, a significant turnaround from the previous year’s net loss. Adjusted EBITDA improved by $37.4 million, reflecting the company’s focus on cost control and profitability.
Looking ahead, FuboTV projects a decline in revenue and subscriber numbers for the second quarter of 2025, partly due to the recent removal of TelevisaUnivision content. However, the company remains optimistic about its strategic agreement with The Walt Disney Company to combine Fubo with Hulu + Live TV, which is expected to enhance competition and consumer choice in the Pay TV market.
FuboTV’s management remains committed to achieving profitability in 2025, with plans to continue investing in infrastructure and technology to deliver a high-quality sports entertainment experience.
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