Gaia (GAIA) Misses Q4 EPS by 1c
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Gaia Reports Fourth Quarter and Full Year 2022 Results
March 6, 2023 4:05 PM ESTBOULDER, Colo., March 06, 2023 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, reported financial results for the fourth quarter and full year ended December 31, 2022.
After a challenging 2022, when both revenue and adjusted EBITDA only increased in the single digits due to the post COVID subscriber contraction experienced industry wide, we have started to experience member growth this year, said Jirka Rysavy, Gaias CEO. Â During the last few months, we have eliminated over $5 million in annualized spending, which includes 36 headcount that were added over the past two years to offset... More
