Profitability ChallengesAn uptick in marketing expenses is expected to result in a sequential decline in profitability, with EBITDA swinging back to a slight loss for the quarter.
Revenue And Subscriber ForecastFubo introduced Q2 guide below Street expectations, with revenue and subscribers forecasted lower than prior estimates.
Subscriber LossFUBO lost 119,000 global subscribers in the second quarter, which is down 102% year over year.