Gaia Q1 2024 GAAP EPS $(0.05), Inline, Sales $21.693M Beat $21.400M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gaia Inc. (NASDAQ:GAIA) reported Q1 2024 earnings with a GAAP EPS of $(0.05), meeting analyst expectations and marking a 16.67% improvement from the previous year. Sales reached $21.693M, exceeding estimates by 1.37% and showing a 10.41% increase year-over-year.
May 06, 2024 | 10:27 pm
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Gaia Inc. reported a Q1 2024 GAAP EPS of $(0.05), aligning with analyst estimates and showing a 16.67% improvement from last year. Sales were $21.693M, surpassing estimates and marking a 10.41% increase from the previous year.
Meeting the EPS estimate and exceeding sales forecasts indicates a positive performance and financial health for Gaia Inc. The year-over-year improvement in both earnings and sales suggests a strong growth trajectory, which is likely to be viewed positively by investors. This could lead to increased investor confidence and potentially a positive impact on the stock price in the short term.
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