FuboTV reported increased revenues Tuesday beating analysts’ expectations by a distance.
The sports streaming service announced it had grown engagement by 148% year-on-year to 245 million hours during Q2 2021.
Subscriber numbers also rose 138% year-over-year to 681,721, including including 91,291 net subscriber additions in the quarter.
Total revenue was up 196% year-over-year to $130.9 million.
Said David Gandler, co-founder and CEO, fuboTV: “We are very pleased with fuboTV’s performance in the first half of 2021 and believe that we are well positioned to continue to execute on our long-term financial and operating goals, all while delivering a differentiated and world-class experience to the consumer”.