Earnings Call Summary | FuboTV(FUBO.US) Q1 2024 Earnings Conference
Earnings Call Summary | FuboTV(FUBO.US) Q1 2024 Earnings Conference
The following is a summary of the FuboTV Inc. (FUBO) Q1 2024 Earnings Call Transcript:
以下是富博電視公司（FUBO）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
FuboTV reported Q1 2024 total revenue of $394 million, marking a 24% increase year-over-year.
Adjusted EBITDA margin showed significant improvement, reaching minus 10%.
The quarter marked the fifth consecutive quarter of year-over-year improvements in free cash flow and adjusted EBITDA.
FuboTV's ad revenue reached $27.2 million in Q1, indicating a year-over-year increase of 21%.
The company decreased its net loss to $56.3 million, a 32% reduction from the previous year.
fuboTV報告稱，2024年第一季度總收入爲3.94億美元，同比增長24％。
調整後的息稅折舊攤銷前利潤率顯著提高，達到負10％。
本季度是自由現金流和調整後息稅折舊攤銷前利潤連續第五個季度同比增長。
fuboTV的廣告收入在第一季度達到2720萬美元，同比增長21％。
該公司的淨虧損減少至5,630萬美元，比上年減少32％。
Business Progress:
業務進展：
FuboTV's paid subscribers increased to 1,511,000, an 18% increase year-over-year.
The company launched legal action against alleged anti-competitive practices by The Walt Disney Company, Fox Corp, and Warner Bros Discovery.
FuboTV is advancing its sports entertainment offering and is introducing new ad formats.
The company saw strong customer acquisition, coupled with an improvement in their advertising revenue.
FuboTV's cost-cutting measures improved operating leverage and Free Ad-Supported Streaming TV (FAST) channels emerged as a strong profit driver.
FuboTV continues focusing on ad units and ad capabilities for monetization.
The company introduced a free tier in its platform, serving as both a profit driver and customer engagement strategy.
FuboTV said it is increasingly becoming sports-first in its content strategy, adding over 35 regional sports networks, and is seeking more content opportunities.
FuboTV is developing AI-powered capabilities in its technology and product enhancements.
fuboTV的付費用戶增加到151.1萬人，同比增長18％。
該公司對沃爾特·迪斯尼公司、福克斯公司和華納兄弟探索公司涉嫌的反競爭行爲提起了法律訴訟。
fuboTV 正在推進其體育娛樂產品，並正在推出新的廣告格式。
該公司的客戶獲取量強勁，廣告收入也有所改善。
fuboTV的削減成本措施提高了運營槓桿率，支持免費廣告的流媒體電視（FAST）頻道已成爲強勁的利潤驅動力。
fuboTV繼續專注於廣告單元和廣告的盈利能力。
該公司在其平台中引入了免費套餐，既是利潤驅動力，又是客戶參與策略。
fuboTV表示，其內容戰略越來越成爲體育第一，增加了超過35個區域體育網絡，並且正在尋求更多的內容機會。
fuboTV 正在其技術和產品增強中開發人工智能驅動的功能。
More details: FuboTV IR
更多詳情： fuboTV 紅外
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。