FuboTV Raises Full Year 2024 Guidance in North America
Q2 2024 Revenue Up 26% Year-over-Year
Strong Financial Performance Continues
FuboTV Inc. (FUBO) reported strong financial results for the second quarter of 2024. Total revenue for the quarter amounted to $382.7 million, a 26% increase from the same period in 2023.
Despite ongoing losses, Fubo is projecting a positive outlook for the remainder of the year. The company expects to reach 1,605,000 to 1,625,000 paid subscribers by the end of 2024.
Fubo's strong performance is attributed to its growing subscriber base and continued expansion in the North American market. The company is well-positioned to capitalize on the growing demand for streaming and entertainment services.
For more information on FuboTV Inc., please visit the company's website at www.fubo.tv.
Comments