Gaia Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Gaia (NASDAQ:GAIA) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$22.2m (up 9.6% from 3Q 2023).
• Net loss: US$1.19m (loss widened by 103% from 3Q 2023).
• US$0.051 loss per share (further deteriorated from US$0.028 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Gaia EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates by 17%.

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Entertainment industry in the US.

Performance of the American Entertainment industry.

The company's shares are up 13% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Gaia has 1 warning sign we think you should be aware of.

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