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fuboTV Beats Earnings Despite Revenue Miss
15 Aug
Summary
- fuboTV reported $1.48 billion in revenue, missing estimates.
- The company achieved $19.14 million in adjusted EBITDA, exceeding forecasts.
- Domestic subscribers grew to 4.39 million year-on-year.
fuboTV's second quarter results for 2026 indicated a revenue of $1.48 billion, which was slightly below the analyst consensus of $1.50 billion, marking a 1.1% miss. Despite this revenue shortfall, the company demonstrated improved profitability.
On an adjusted EBITDA basis, fuboTV surpassed expectations with $19.14 million, significantly beating the analyst estimate of $12.84 million and reflecting a 1.3% margin. The company also reported an operating margin of -1.8%, an improvement from -3.5% in the prior year's second quarter.
Growth in domestic subscribers remained a positive trend, with fuboTV adding 4.39 million year-on-year. Management expressed confidence, projecting a full-year EBITDA guidance of $95 million at the midpoint, which is above the $92.32 million estimated by analysts.
