Gaia Q4 EPS $(0.08) Misses $(0.02) Estimate, Sales $20.71M Miss $21.00M Estimate
Portfolio Pulse from dijoy@benzinga.com
Gaia Inc. (NASDAQ:GAIA) reported Q4 earnings with a loss of $(0.08) per share, missing the $(0.02) estimate by 300%, and a 100% increase in losses from the previous year. Sales were $20.71M, missing the $21.00M estimate by 1.36%, but marking a 5.81% increase from last year.
March 27, 2024 | 8:30 pm
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Gaia Inc. reported a larger than expected Q4 loss and a slight miss in sales, but showed a year-over-year sales increase.
The reported earnings miss and the increased loss compared to the previous year are likely to negatively impact investor sentiment in the short term. However, the year-over-year increase in sales might provide some buffer against a steep decline.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100