08:29 AM EDT, 11/01/2024 (MT Newswires) -- fuboTV (FUBO) reported an adjusted Q3 loss Friday of $0.08 per share, narrowing from a loss of $0.22 a year earlier.

Analysts surveyed by Capital IQ expected a loss of $0.12.

Total revenue for the quarter ended Sept. 30 was $374.7 million, up from $311.8 million a year earlier.

Analysts surveyed by Capital IQ expected $376.8 million.

For Q4, the company expects revenue of $426 million to $446 million. Analysts surveyed by Capital IQ expect $447.4 million.

For 2024, fuboTV now expects revenue of $1.58 billion to $1.60 billion, compared with prior outlook range of $1.57 billion to $1.59 billion. Analysts surveyed by Capital IQ expect $1.62 billion.

fuboTV shares rose 2.3% in recent premarket activity.

Price: 1.7800, Change: +0.04, Percent Change: +2.30