Gaia, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 30, 2023 at 04:38 pm EDT
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Gaia, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 20.22 million compared to USD 19.91 million a year ago. Net loss was USD 0.588 million compared to USD 2.38 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.11 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to USD 0.11 a year ago. Basic loss per share was USD 0.03 compared to USD 0.11 a year ago. Diluted loss per share was USD 0.03 compared to USD 0.11 a year ago.
For the nine months, sales was USD 59.71 million compared to USD 62.46 million a year ago. Net loss was USD 3.45 million compared to USD 2.17 million a year ago. Basic loss per share from continuing operations was USD 0.16 compared to USD 0.09 a year ago. Diluted loss per share from continuing operations was USD 0.16 compared to USD 0.09 a year ago. Basic loss per share was USD 0.16 compared to USD 0.1 a year ago. Diluted loss per share was USD 0.16 compared to USD 0.1 a year ago.
Gaia, Inc. is a media and community company. Gaia is its member-supported global video streaming service and community that produces and curates media through four primary channels: Seeking Truth, Transformation, Alternative Healing and Yoga in four languages, such as English, Spanish, French and German to its members in about 185 countries. Its digital content library includes over 10,000 titles and live events, with a selection of titles available in Spanish, German, and French. Its members have unlimited access to its library of films, documentaries, interviews, yoga classes, transformation-related content and more. Through its Yoga channel, its members have unlimited access to streaming yoga, eastern arts, and other movement-based classes. Through its Transformation channel, it features content in the niche areas of spiritual growth, personal development, and others. Its Alternative Healing channel features content focused on food and nutrition, holistic healing, and others.