FuboTV reports Q4 adjusted EPS (2c), consensus (11c)

Reports Q4 revenue $431.82M, consensus $445.17M. The company said, “In the fourth quarter, Adjusted EBITDA was -$8.7 million, a $41.4 million improvement when compared to the fourth quarter 2023, reflecting the Company’s continued focus on efficient growth, cost control and achieving profitability. Net cash provided by operating activities in the fourth quarter was $20.9 million, a $20.9 million improvement compared to the fourth quarter 2023, and Free Cash Flow in the fourth quarter was $16.3 million, an improvement of $22.1 million compared to the fourth quarter 2023. Fubo ended the quarter with $167.6 million in cash, cash equivalents and restricted cash on hand.”