FuboTV Earnings Call: Scale Grows as Risks Persist
FuboTV's recent earnings call highlighted significant progress in scale, profitability, and cash strength following its combination with Hulu Live. While the company saw improvements in adjusted EBITDA and narrowed net losses, it acknowledged ongoing risks such as subscriber softness, content renewal uncertainties, and the absence of formal financial guidance. FuboTV aims to leverage ad-tech integration and an ESPN partnership to drive future monetization and customer acquisition, despite a slight year-over-year subscriber decline and content renewal challenges with NBCUniversal/Comcast.
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