Gaia Inc reports results for the quarter ended June 30 - Earnings Summary

• Gaia Inc GAIA.OQ reported a quarterly adjusted loss of 7 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -9 cents. The mean expectation of four analysts for the quarter was for a loss of 8 cents per share.

• Revenue rose 11.6% to $24.63 million from a year ago; analysts expected $24.40 million.

• Gaia Inc's reported EPS for the quarter was a loss of 7 cents​.

• The company reported a quarterly loss of $1.8 million.

• Gaia Inc shares had fallen by 5.9% this quarter and lost 8.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 39.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy"

• Wall Street's median 12-month price target for Gaia Inc is $7.75, about 46.7% above its last closing price of $4.13

This summary was machine generated from LSEG data August 11 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)