Gaia (NASDAQ:GAIA) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$22.1m (up 11% from 2Q 2023).
- Net loss: US$2.19m (loss widened by 28% from 2Q 2023).
- US$0.094 loss per share (further deteriorated from US$0.082 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Gaia Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 80%.
Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Entertainment industry in the US.
Performance of the American Entertainment industry.
The company's shares are down 13% from a week ago.
Risk Analysis
We should say that we've discovered 3 warning signs for Gaia (1 can't be ignored!) that you should be aware of before investing here.
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About NasdaqGM:GAIA
Gaia
Operates a digital video subscription service and online community for underserved member base in the United States, Canada, Australia, and internationally.
Reasonable growth potential and fair value.
