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Gaia First Quarter 2024 Earnings: Revenues Beat Expectations, EPS In Line

Gaia (NASDAQ:GAIA) First Quarter 2024 Results

Key Financial Results

  • Revenue: US$21.7m (up 10% from 1Q 2023).

  • Net loss: US$1.05m (loss narrowed by 8.6% from 1Q 2023).

  • US$0.045 loss per share (improved from US$0.055 loss in 1Q 2023).

earnings-and-revenue-growth
earnings-and-revenue-growth

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

Gaia Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Entertainment industry in the US.

Performance of the American Entertainment industry.

The company's shares are down 2.3% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Gaia you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.