Shares of fuboTV Inc. (FUBO) are soaring 5.13% in pre-market trading on Friday following the release of the company's impressive second-quarter earnings report. The sports-first live TV streaming platform delivered results that surpassed analyst expectations, marking a significant milestone in its financial performance.

FuboTV reported adjusted earnings per share of $0.05, beating the analyst consensus estimate of a $0.01 loss. The company's revenue for Q2 2025 came in at $379.97 million, exceeding the expected $353.77 million. Notably, fuboTV achieved its first-ever positive Adjusted EBITDA of $20.7 million, representing a substantial $31.7 million improvement year-over-year.

While the company's North America streaming revenue saw a slight 3% year-over-year decline to $371.3 million, and paid subscribers decreased by 6.5% to 1.36 million, these figures still managed to surpass the company's preliminary estimates. The Rest of World segment showed promise with a 4.7% year-over-year revenue growth to $8.7 million. FuboTV's strategic focus on delivering choice and flexibility to consumers appears to be paying off, positioning the company well in the evolving content landscape. Additionally, the company is moving forward with plans to merge with Hulu + Live TV, pending regulatory and shareholder approvals, which could further strengthen its market position in the competitive streaming industry.