Sports-focused streaming cable television replacement Fubo exceeded its own guidance for subscriber growth during the first quarter (Q1) of the year, but the company had few reasons to celebrate amid some weaker financial indicators.
During the period that ended March 31, Fubo counted 1.47 million paid subscribers in North America, down nearly 3 percent compared with Q1 2024. The period included Super Bowl Sunday, when streaming cable TV replacement typically see an uptick in interest, though this year’s championship NFL game was free to stream in ultra high-definition on Fox-owned platform Tubi, which may have cut into Fubo’s potential growth.