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Gaia, Inc. reports developments as a member-supported global video streaming service and community focused on conscious media. The company produces and curates content through Seeking Truth, Transformation, Alternative Healing and Yoga, with programming in English, Spanish, French and German and distribution through major connected-TV, mobile and third-party video platforms.
Recurring updates cover subscription revenue, member acquisition, ARPU, churn, cash flow, direct member relationships, AI-enabled engagement features, live and streamed events such as Emersion, and product activity at majority-owned Igniton, which develops quantum wellness technology products for performance and vitality support.
Gaia (NASDAQ: GAIA) announced that CEO James Colquhoun and CFO Ned Preston will present at Water Tower Research's (WTR) inaugural Consumer Products Virtual Investor Conference. The event will take place on June 5 and 6, 2024, with Gaia's presentation scheduled for June 5 at 3:15pm ET. The conference, hosted by Doug Lane, Head of Consumer Products at WTR, will feature presentations from various branded consumer products companies. The event is free for investors and can be accessed online through a registration link.
Gaia, Inc. (NASDAQ: GAIA) reported financial results for Q1 2024 with operating cash flows improving by $5.2 million from the year-ago quarter. The company saw its highest single quarter of membership growth since Q1 2021, increasing by 33,000 members. Revenues grew by $2.1 million, reaching $21.7 million, while the gross profit increased to $18.5 million. Net loss improved to $(1.0) million. Gaia also re-branded its premium membership tier to Gaia+ and focused on direct-to-paid campaigns, annual memberships, and the new Gaia+ tier.
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