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Stock impact report

Gaia Reports First Quarter 2020 Results

Gaia, Inc. - Class A (GAIA) 
Last gaia, inc. - class a earnings: 4/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.gaia.com
Company Research Source: GlobeNewswire
BOULDER, Colo., April 27, 2020 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, reported financial results for the first quarter ended March 31, 2020. First Quarter 2020 Highlights vs. Same Year-Ago Quarter 16% increase in revenues to $14.5 million.Generated positive Adjusted EBITDA, an improvement of $4.1 million.Generated $2.0 million in cash flow from operations, an improvement of $4.7 million. “For the second quarter in a row, we generated positive Adjusted EBITDA and cash flow from operations,” said Paul Tarell, Gaia’s CFO. “We remain on track to be free cash flow positive beginning in July, which has been further supported by an uptick in new member growth as a result of the stay-at-home orders that began in mid-March and have continued through April.” First Quarter 2020 Financial Results Revenues in the first quarter increased 16% to $14.5 million from $12.5 million in the year-ago quarter. This was primarily due to growth Show less Read more
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