While the stock market has been doing incredibly well this year, one company that has continued to struggle is fuboTV (FUBO 0.57%). The sports streaming provider faces intense competition and is unprofitable, making investors hesitant to take a chance on it. The stock is currently down about 47% since the start of the year.But with the company recently locking up some promising agreements -- and with the stock trading at a modest valuation -- could this prove to be a bargain buy in a few years as fuboTV exp ...

The company made a deal with a regional sports network.fuboTV (FUBO -4.61%) shares popped 22.5% higher last month, according to data from S&P Global Market Intelligence. The streaming TV channel, which focuses on serving sports fans, made a deal with another regional sports network and The Athletic, a premium sports news outlet. The stock is still down 54% year to date (YTD), and down 98% from all-time highs due to heavy cash burn and major share dilution.Here's why fuboTV stock shot up higher last month.Mo ...

This stock is down 95% in the past 3 years.In this video, I will go over fuboTV's (FUBO -5.59%) third-quarter earnings. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Nov. 1, 2024. The video was published on Nov. 4, 2024. ...

One company that I have been consistently bearish about has been fuboTV (NYSE: FUBO ). Even though I am a big fan of the streaming space, I worry about competitive pressures that the company has to contend with, plus I struggleCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow a ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File Number: 001-39590 fuboTV Inc. (Exact Name of Registrant as Specified in Its Charter) Florid ...

Financial Data and Key Metrics - Total revenue for Q3 2024 reached $377 million, up 21% year-over-year [5] - Paid subscribers grew to 1,613,000, a 9% year-over-year increase [5] - Adjusted EBITDA improved by $33.8 million in Q3 2024 compared to Q3 2023, contributing to a nearly $100 million year-over-year improvement over the trailing 12 months [6] - Net loss improved to $54.7 million from $84.4 million in Q3 2023, with a per-share loss of $0.17 compared to $0.29 in Q3 2023 [14] - Adjusted EBITDA loss was $27.6 million, a significant improvement from $61.4 million in Q3 2023 [14] - Adjusted EPS loss improved to $0.08 from $0.22 in Q3 2023 [14] - Free cash flow improved by $31 million, nearly achieving positive free cash flow for the quarter [16] Business Line Data and Key Metrics - North America revenue grew 21% year-over-year, driven by strong subscriber growth and monetization efforts [12] - Rest of World revenue grew 6% year-over-year, with subscriber growth reaching 378,000 [12][13] - Advertising revenue in North America declined 11% year-over-year due to tough comparisons and content portfolio adjustments [7] Market Data and Key Metrics - Nearly 50 million households in the US still subscribe to Legacy pay-TV, a decline of over 50% compared to 105 million in 2010 [8] - Approximately 30% of Legacy pay-TV customers have switched to virtual MVPDs over the trailing 12 months [8] - The company expects Q4 2024 North America subscriber growth of 4% year-over-year, with revenue projected to grow 9% year-over-year [17] - Rest of World subscriber guidance for Q4 2024 is a 14% year-over-year decline, with revenue expected to remain flat [19] Company Strategy and Industry Competition - The company is focused on its 2025 profitability target, emphasizing cost controls and revenue growth [6][12] - FuboTV is positioning itself as a leader in the virtual MVPD space, offering standalone subscriptions and a Fubo Free Tier to attract a broader consumer base [9][10] - The company believes the shift to virtual MVPDs is necessary to offset the decline of traditional pay-TV and enable media companies to grow revenue and profits [9] - FuboTV won a preliminary injunction against a sports streaming joint venture involving Disney, Fox, and Warner Brothers Discovery, citing anti-competitive practices [11] Management Commentary on Operating Environment and Future Outlook - Management is encouraged by the maturing streaming market and the company's ability to meet consumer needs [8] - The company expects to add gamification features to its interactive ad offerings in Q4 2024, enhancing the advertising experience [8] - Management remains confident in the company's long-term positioning despite short-term industry disruptions [9] - The company is committed to maintaining discipline in subscriber acquisition costs and monetization efforts [19] Other Important Information - The company ended Q3 2024 with $152.3 million in cash, cash equivalents, and restricted cash [16] - FuboTV is focused on innovation and executional discipline to drive progress toward profitability goals [20] Q&A Session Summary Question: Why is Fubo Free Tier limited to prior and current subscribers? - The company is managing the Free Tier carefully to avoid impacting conversion rates and subscriber acquisition costs, with plans to eventually make it available to all users [23] Question: Is the virtual MVPD model sustainable long-term? - The company believes the virtual MVPD model remains viable, offering consumers a wide range of flexible and competitively priced options [25] Question: What drove advertising revenue dynamics in Q3 2024? - Political advertising contributed to a record year, but the drop of Discovery Scripts content earlier in the year impacted ad ARPU [27][28] Question: Are there other headwinds beyond Discovery affecting ad ARPU? - The company faced a tough 34% year-over-year comp in Q3 2024, but expects sequential and year-over-year improvements in ad ARPU for Q4 2024 [31] Question: How do standalone premium packages compare to the virtual MVPD in terms of profitability? - Standalone premium packages are expected to be accretive to margin dollars, with no significant cannibalization of the virtual MVPD product [31]

For the quarter ended September 2024, fuboTV Inc. (FUBO) reported revenue of $386.21 million, up 20.3% over the same period last year. EPS came in at -$0.08, compared to -$0.22 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $377.62 million, representing a surprise of +2.27%. The company delivered an EPS surprise of +33.33%, with the consensus EPS estimate being -$0.12.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...

FuboTV Inc. (FUBO) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this company would post a loss of $0.09 per share when it actually produced a loss of $0.04, delivering a surprise of 55.56%.Over the last four quarters, the company has surpassed co ...

Exhibit 99.1 1 November 1, 2024 Fellow Shareholders: We are pleased to report we delivered strong results in 3Q with continued top-line growth and bottom-line improvements. We achieved North America revenue growth of 21% and subscriber growth of 9% year-over-year, exceeding and meeting our targets, respectively. We also saw improvement in our profitability metrics on a global basis in the third quarter, achieving a year-over-year improvement in Net Loss of $29.8 million, Adjusted EBITDA of $33.8 million, Ne ...

These stocks have all lost more than 80% of their value in the past five years.It can sometimes be dangerous to buy stocks and forget about them. While it may be a potentially good strategy for blue chip stocks that generate dividend income and offer long-term stability, it can be quite another thing to hold stocks of companies that have poor financials and growth prospects.If you're holding high-risk investments, then anytime can be a frightful time to look at your portfolio; it doesn't need to be Hallowee ...