World Cup Fever Fuels FuboTV's Revenue Growth, Losses Continue To Narrow

FuboTV Inc. (NYSE: FUBO ) stock traded lower Wednesday after the live TV streaming company reported third-quarter fiscal 2026 results that topped earnings expectations but missed on revenue, while raising its full-year adjusted EBITDA outlook. The company reported a loss of 25 cents per share, narrower than the analyst consensus estimate for a loss of 37 cents. Revenue increased to $1.482 billion but came in below the Street estimate of $1.504 billion. Despite the earnings beat and improved profitability, investors focused on the revenue miss and the company’s cautious top-line growth, sending shares lower in premarket trading. The raised EBITDA outlook failed to offset concerns over revenue coming in below Wall Street expectations in an increasingly competitive live TV streaming market. FuboTV Subscribers Grow, Loss Narrows FuboTV reported a net loss of $25.7 million, improving...