Gaia, Inc. Reports Q3 Revenue Beat Amid Declining Year-over-Year Sales
Gaia, Inc. (GAIA) released its third-quarter financial results, reporting revenue of $22.03 million. While this figure exceeded analyst expectations by $0.53 million, it represents an 11.8% decline compared to the same period last year. The company's GAAP earnings per share (EPS) came in at -$0.12, which was consistent with market estimates. Following the announcement, shares of Gaia fell 4.2% in after-hours trading as investors reacted to the declining year-over-year revenue trend despite the slight top-line beat.
Tickers: $GAIA
Topics: after-hours trading earnings report EPS miss/in-line revenue beat
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