fuboTV Inc. (fubo) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET

Company Participants

David Gandler - Co-Founder & Chief Executive Officer
John Janedis - Chief Financial Officer

Conference Call Participants

Laura Martin - Needham
Alicia Reese - Wedbush
Jian Li - Evercore ISI
David Joyce - Seaport Research Partners
James Goss - Barrington Research
Nikhil Aluru - JPMorgan
Darren Aftahi - ROTH MKM
Brett Knoblauch - Cantor Fitzgerald

Operator

Thank you for standing by. At this time, I would like to welcome everyone to today's fuboTV Second Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

I would now like to turn the call over to [Amit Patte] (ph), Senior Vice President of FP&A, Corporate Developments and Investor Relations. Amit, please go ahead.

Unidentified Company Representative

Thank you for joining us to discuss fubo’s second quarter 2024 results. With me today is David Gandler, Co-Founder and CEO of fubo; and John Janedis, CFO of fubo. Full details of our results and additional management commentary are available in our earnings release and letter to shareholders, which can be found on the Investor Relations section of our website at ir.fubo.tv.

Before we begin, let me quickly review the format of today's call. David is going to start with some brief remarks on the quarter and our business, and John will cover the financials and guidance. Then we will turn the call over to the analysts for Q&A.

I would like to remind everyone that the following discussion may contain forward-looking statements within the meaning of the Federal Securities Laws, including, but not limited to statements regarding our financial condition, anticipated financial performance, business strategy and plans, industry and consumer trends, anti-competitive practices among our competitors, and our response plan, including our antitrust lawsuit and expectations regarding profitability. These forward-looking statements are subject to certain risks, uncertainties, and assumptions. Important factors that could cause actual results to differ materially from forward-looking statements include those discussed in our filings with the SEC. Except as otherwise noted, the results and guidance we're presenting today are on a continuing operations basis, excluding the historical results of our former gaming segment, which we are accounted for as discontinued operations.

In addition, our guidance and other commentary with respect to fubo’s financial condition and our anticipated financial performance in future periods do not reflect any potential impact of the launch of the sports streaming joint venture between the The Walt Disney Company, Fox Corp. and Warner Bros. Discovery, including the outcome of our antitrust lawsuit. Risks related to this joint venture and the litigation are described in further detail in the company's SEC filings.