Gaia (NASDAQ:GAIA) Releases Quarterly Earnings Results, Hits Expectations

Gaia (NASDAQ:GAIA) announced its quarterly earnings results on Monday. The company reported ($0.12) EPS for the quarter, meeting analysts’ consensus estimates of ($0.12), FiscalAI reports. The company had revenue of $22.03 million for the quarter, compared to analysts’ expectations of $21.50 million. Gaia had a negative net margin of 6.08% and a negative return on equity of 5.82%.

Gaia Stock Performance

Gaia stock remained flat at $1.45 during midday trading on Monday. The company had a trading volume of 130,627 shares, compared to its average volume of 110,810. Gaia has a twelve month low of $1.16 and a twelve month high of $5.14. The stock’s 50-day moving average price is $1.40 and its 200-day moving average price is $2.33. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.41 and a current ratio of 0.41. The firm has a market capitalization of $36.87 million, a P/E ratio of -6.04 and a beta of 0.98.

Analyst Upgrades and Downgrades

GAIA has been the topic of a number of recent research reports. Weiss Ratings cut Gaia from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, October 21st. Wall Street Zen lowered Gaia from a “sell” rating to a “strong sell” rating in a report on Saturday, August 15th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Gaia Company Profile

Gaia, Inc is a digital media and subscription streaming company that provides programming focused on yoga, fitness, meditation, spirituality, personal growth and conscious living. Its platform is designed for viewers seeking wellness-oriented content, educational programming and alternative perspectives not typically offered by mainstream entertainment services.

The company offers a library of on-demand videos, including original series, documentaries, interviews, classes and instructional programs.