Gaia Q2 2024 GAAP EPS $(0.09) Misses $(0.05) Estimate, Sales $22.081M Miss $22.400M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gaia (NASDAQ:GAIA) reported Q2 2024 GAAP EPS of $(0.09), missing the $(0.05) estimate by 80%. Sales were $22.081M, missing the $22.400M estimate by 1.42%, but up 11.30% from last year.
August 05, 2024 | 8:36 pm
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NEGATIVE IMPACT
Gaia reported Q2 2024 GAAP EPS of $(0.09), missing the $(0.05) estimate by 80%. Sales were $22.081M, missing the $22.400M estimate by 1.42%, but up 11.30% from last year.
The significant miss on EPS and slight miss on sales estimates are likely to negatively impact Gaia's stock price in the short term, despite the year-over-year sales growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100