Wellness streaming service Gaia Q3 revenue misses estimates

Reuters11-04
Wellness streaming service Gaia Q3 revenue misses estimates

Overview

  • Gaia Q3 revenue grows 14% yr/yr to $25 mln, misses analyst expectations

  • Net loss remains at $1.2 mln, same as Q3 2024

  • Company had launched proprietary AI model to boost engagement

Outlook

  • Company did not provide specific financial guidance for the current quarter or full year in its press release

Result Drivers

  • PRICE INCREASE - Co raised subscription prices, contributing to revenue growth despite slower member growth

  • AI MODEL LAUNCH - Launch of proprietary AI model expected to increase engagement and support growth

  • CASH FLOW - Seventh consecutive quarter of positive free cash flow, strengthening financial position

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Miss

$24.98 mln

$25.40 mln (4 Analysts)

Q3 EPS

-$0.05

Q3 Basic EPS

-$0.05

Q3 Pretax Profit

-$1.21 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the online services peer group is "buy"

  • Wall Street's median 12-month price target for Gaia Inc is $7.50, about 33.5% above its October 31 closing price of $4.99

Press Release: ID:nGNXk6DBP

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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