10:45 AM EDT, 08/08/2025 (MT Newswires) -- FuboTV ( FUBO ) on Friday swung to a higher-than-expected profit in the second quarter, while the live-sports streaming company's sales and subscribers fell year over year.

The company reported adjusted per-share earnings of $0.05 for the June quarter, compared with a loss of $0.04 a year earlier. Analysts polled by FactSet expected earnings of $0.02.

FuboTV ( FUBO ) posted its first-ever quarter of positive adjusted earnings before interest, taxes, depreciation and amortization, at $20.7 million.

"Our continued focus on delivering choice and flexibility to consumers positions us well to capitalize on emerging opportunities as the traditional content landscape continues to evolve," Chief Executive David Gandler said in a statement.

Revenue fell 2.8% to $380 million, but surpassed the consensus of $367.1 million.

The company recorded 1.36 million paid subscribers in North America, down 6.5% from a year earlier. Subscribers for the rest of the world declined nearly 13% to 349,000.

Second-quarter North American revenue fell 3% to $371.3 million, while sales from rest of the world grew 4.7%. Both regions beat the company's revenue guidance outlined in May.

FuboTV ( FUBO ) has filed a proxy statement seeking shareholder approval for its its pending deal to merge with Walt Disney's ( DIS ) Hulu + Live TV business. The transaction, which also requires regulatory clearance, is expected to close in the fourth quarter of this year or the first quarter of 2026.

The deal, announced in January, would give Walt Disney ( DIS ) a 70% stake in its streaming peer.

"We are energized by what we believe we can achieve through our pending business combination with Hulu + Live TV," Fubo Chief Financial Officer John Janedis said on an earnings call on Friday, according to a FactSet transcript.

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