Fubo expects a reacceleration of growth in the second quarter.įubo’s Rest of World (ROW) streaming business also posted double digit growth in total revenue ($7.8 million, up 41% YoY) and paid subscribers (379,000, up 24% YoY) during the first quarter. The company delivered ad revenue of $22.5 million in the quarter, remaining flat YoY against continued pressure on the advertising market. The company is also raising full year subscriber guidance to 1.550 million-1.570 million subscribers (representing 8% YoY growth at the midpoint) and total revenue guidance to $1.235 billion-$1.265 billion (representing 27% YoY growth at the midpoint) in North America.

Fubo’s North American streaming business exceeded guidance, posting double digit year-over-year (YoY) growth in total revenue ($316.5 million, up 34% YoY) and paid subscribers (1.285 million, up 22% YoY). (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced its financial results for the first quarter ended March 31, 2023. NEW YORK, May 05, 2023-( BUSINESS WIRE)-FuboTV Inc.

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