Gaia, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 07, 2022 at 04:17 pm EST
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Gaia, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 19.91 million compared to USD 20.41 million a year ago. Net loss was USD 2.38 million compared to net income of USD 0.647 million a year ago. Basic loss per share from continuing operations was USD 0.11 compared to basic earnings per share from continuing operations of USD 0.03 a year ago. Diluted loss per share from continuing operations was USD 0.11 compared to diluted earnings per share from continuing operations of USD 0.03 a year ago. Basic loss per share was USD 0.11 compared to basic earnings per share of USD 0.03 a year ago. Diluted loss per share was USD 0.11 compared to diluted earnings per share of USD 0.03 a year ago.
For the nine months, sales was USD 62.46 million compared to USD 58.74 million a year ago. Net loss was USD 2.17 million compared to net income of USD 1.65 million a year ago. Basic loss per share from continuing operations was USD 0.09 compared to basic earnings per share from continuing operations of USD 0.09 a year ago. Diluted loss per share from continuing operations was USD 0.09 compared to diluted earnings per share from continuing operations of USD 0.08 a year ago. Basic loss per share was USD 0.1 compared to basic earnings per share of USD 0.09 a year ago. Diluted loss per share was USD 0.1 compared to diluted earnings per share of USD 0.08 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.