July 30, 2025: Fubo stock went up a lot, up 4.4% after the sports-first live TV streaming platform published preliminary second-quarter earnings that were much better than what it had previously said they would be. The company said that its total revenue for the second quarter is likely to be more than $365 million. This is a big jump from its previous midpoint projection of $345 million and analysts’ expectations of $353.8 million. Also, Fubo expects to have more than 1.35 million paying customers for the quarter, which is higher than its earlier estimate of 1.24 million. This shows that its user base is growing quickly.
Also Read: Hims Stock: Executive Sells Shares During Important Events
The good results aren’t just in North America; Fubo’s Rest of World division is also doing well so far. The company thinks that this part of the business will make more than $8.5 million in sales and have more than 340,000 paying members, both of which are higher than what they had previously said. This rise around the world shows how the platform is becoming more popular and accessible.
Fubo expects to lose roughly $8 million in the second quarter, which is a big improvement of about $18 million from the same time last year. The company expects to record Adjusted EBITDA of at least $20 million, which is an increase of at least $30 million over the previous year. If Fubo reaches this goal, it will be the first quarter with positive Adjusted EBITDA, which is a big step toward making the company profitable. Fubo also thinks that at the end of the quarter, it will have a good amount of cash on hand, at least $285 million in cash, cash equivalents, and restricted cash.
Because it wants to merge with Hulu + Live TV, Fubo has decided to stop giving counsel on future performance. Because of this, the company is no longer aiming for profitability in 2025 and is putting subscriber and revenue estimates on hold. Fubo will announce its full financial results for the second quarter before the market opens on August 8. After that, Co-founder and CEO David Gandler and CFO John Janedis will hold a conference call.