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FuboTV Reports Q2 Results, Disney Ad Migration and Local Baseball Deals

fuboTV logofuboTV
Sig3.10Sen+1.40Env0.00Soc+0.60Gov0.00

FuboTV posted adjusted EPS of -$0.25 versus -$0.11 expected, but adjusted EBITDA of $19.14 million beat estimates and full-year EBITDA guidance of $95 million exceeds analyst forecasts. Operating margin improved to -1.8%, with domestic subscribers up year over year. The ad transition to Disney’s server showed early gains, while bilingual bundles and deals with 14 local baseball teams support retention after NBCUniversal losses. Wholesale fees with Hulu + Live TV rise from 95% to 99% by 2028.

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