Gaia, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 31, 2023 at 04:13 pm EDT
Share
Gaia, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 19.84 million compared to USD 20.72 million a year ago. Net loss was USD 1.72 million compared to net income of USD 0.116 million a year ago. Basic loss per share from continuing operations was USD 0.08 compared to basic earnings per share from continuing operations of USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.08 compared to diluted earnings per share from continuing operations of USD 0.01 a year ago. Basic loss per share was USD 0.08. Diluted loss per share was USD 0.08.
For the six months, sales was USD 39.49 million compared to USD 42.55 million a year ago. Net loss was USD 2.86 million compared to net income of USD 0.202 million a year ago. Basic loss per share from continuing operations was USD 0.14 compared to basic earnings per share from continuing operations of USD 0.02 a year ago. Diluted loss per share from continuing operations was USD 0.14 compared to diluted earnings per share from continuing operations of USD 0.02 a year ago. Basic loss per share was USD 0.14 compared to basic earnings per share of USD 0.01 a year ago. Diluted loss per share was USD 0.14 compared to diluted earnings per share of USD 0.01 a year ago.
Gaia, Inc. is a media and community company. Gaia is its member-supported global video streaming service and community that produces and curates media through four primary channels: Seeking Truth, Transformation, Alternative Healing and Yoga in four languages, such as English, Spanish, French and German to its members in about 185 countries. Its digital content library includes over 10,000 titles and live events, with a selection of titles available in Spanish, German, and French. Its members have unlimited access to its library of films, documentaries, interviews, yoga classes, transformation-related content and more. Through its Yoga channel, its members have unlimited access to streaming yoga, eastern arts, and other movement-based classes. Through its Transformation channel, it features content in the niche areas of spiritual growth, personal development, and others. Its Alternative Healing channel features content focused on food and nutrition, holistic healing, and others.
GAIA, INC. 
