FuboTV Loses 500,000 Subscribers In Q2

FuboTV Inc. (NYSE:FUBO) released its second-quarter fiscal 2026 financial results on Wednesday morning. The sports-first streaming platform outperformed Wall Street estimates on both top and bottom lines.

Revenue Surges Past Estimates

Fubo reported quarterly sales of $1.574 billion. This figure beat the analyst consensus estimate of $1.523 billion.

On the earnings front, the company reported a loss of 7 cents per share. This beat the analyst consensus estimate of a 37-cent loss.

Total North American subscribers dropped to 5.7 million, down from 5.9 million in the same quarter last year and 6.2 million in the previous first quarter.

The company ended the quarter with $244 million in cash, cash equivalents and restricted cash.

Long-Term Targets Reaffirmed

Management is sticking ...

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FuboTV Loses 500,000 Subscribers In Q2

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