SharkNinja shares soar 11% as third quarter results crush expectations
Investing.com - FuboTV Inc. (NYSE:FUBO) on Monday reported better-than-expected third quarter results, posting an adjusted profit and higher-than-anticipated revenue as the streaming service continues to grow its subscriber base.
Shares jumped 5.3% following the announcement, reflecting investor optimism about the company’s improving financial performance.
The sports-focused streaming platform reported a third quarter loss of $0.06 per share, beating analyst estimates of a $0.09 loss. Revenue reached $377.2 million, surpassing the consensus estimate of $361.27 million.
Notably, the company achieved positive adjusted earnings per share of $0.02, compared to a loss of $0.08 in the same period last year.
FuboTV’s North American streaming business delivered 1.631 million paid subscribers, up 1.1% YoY, which the company noted was its highest third quarter subscriber count in its history. However, total revenue in North America declined 2.3% YoY to $368.6 million.
"Fubo’s third quarter 2025 results reflect the strength of our execution and the growing demand for flexible, fan-first streaming," said David Gandler, co-founder and CEO of Fubo.
"We delivered record third quarter subscriber growth in North America and our second consecutive quarter of positive Adjusted EBITDA—clear proof our model is working."
The company reported Adjusted EBITDA of $6.9 million, a $34.5 million improvement compared to the third quarter of 2024, marking its second consecutive quarter of positive Adjusted EBITDA. Net loss from continuing operations narrowed significantly to $18.9 million from $54.7 million in the year-ago period.
These results come as FuboTV enters a new phase following its recent combination with Disney’s Hulu + Live TV business, creating what the company describes as the sixth largest Pay TV service in the U.S. with nearly 6 million subscribers in North America.
FuboTV ended the quarter with $280.3 million in cash, cash equivalents and restricted cash on hand, positioning the company for continued growth as it integrates with Hulu + Live TV.
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