Gaia Inc Reports Q2 2024 Financial Results
Intellectia.AI Updated: 2024-08-06
Gaia, Inc. Reports Q2 2024 Financial Results
Gaia, Inc. has released its financial results for the second quarter ended June 30, 2024.
Key Financial Metrics
| Metric | Q2 2024 | Q2 2023 | Year-over-Year Change | Consensus Estimate | Beat/Miss |
|---|---|---|---|---|---|
| Revenue | $22.081 million | $19.839 million | +11.3% | $22.4 million | Miss |
| Earnings Per Share (EPS) | $-0.06 | $-0.04 | -50% | $-0.05 | Miss |
Gaia, Inc. reported a revenue miss for Q2 2024, bringing in $22.081 million against a consensus estimate of $22.4 million. The company's EPS was reported at $-0.06, missing the consensus estimate of $-0.05. Year-over-year, the company saw an 11.3% increase in revenue.
Revenue Performance Across Segments
Due to the lack of detailed breakdown data in the financial report, the performance across these segments could not be specifically assessed.
Comments from Company Officers
There were no direct comments from company officers included in the provided release content.
Announced Dividends or Share Repurchase Program
No information was provided regarding any announced dividends or share repurchase programs in this quarter's financial release.
Forward Guidance
The earnings release did not mention any specific forward guidance for future quarters or the fiscal year.
Stock Price Movement
| Metric | After Event % Change |
|---|---|
| Stock Price Movement | -6.86% |
Following the earnings release, Gaia, Inc.'s stock price saw a decrease of 6.86%.
This summary represents an accurate compilation and analysis of the available data provided in Gaia, Inc.'s quarterly report for the period ending June 30, 2024. If any additional data becomes available, updates can be reintegrated to provide a more comprehensive analysis.
