Gaia, Inc. (NASDAQ:GAIA) announced its quarterly earnings data on Monday. The company reported ($0.42) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.45) by $0.03, Morningstar.com reports. Gaia had a net margin of 460.97% and a negative return on equity of 13.94%. The company had revenue of $6.56 million during the quarter.

Gaia (GAIA) traded down 6.031% during mid-day trading on Tuesday, hitting $12.075. 153,765 shares of the stock traded hands. Gaia has a 12-month low of $6.05 and a 12-month high of $13.50. The firm’s 50-day moving average is $11.28 and its 200-day moving average is $10.21. The company has a market cap of $182.97 million, a price-to-earnings ratio of 2.388 and a beta of 1.15.

Institutional investors have recently bought and sold shares of the stock. VNBTrust National Association raised its position in Gaia by 39.2% in the first quarter. VNBTrust National Association now owns 297,263 shares of the company’s stock worth $2,957,000 after buying an additional 83,780 shares in the last quarter. Bank of New York Mellon Corp raised its position in Gaia by 82.1% in the first quarter. Bank of New York Mellon Corp now owns 22,633 shares of the company’s stock worth $225,000 after buying an additional 10,201 shares in the last quarter. Silver Capital Management LLC purchased a new position in Gaia during the first quarter worth $210,000. FMR LLC purchased a new position in Gaia during the first quarter worth $5,970,000. Finally, Geode Capital Management LLC raised its position in Gaia by 1.4% in the first quarter. Geode Capital Management LLC now owns 98,783 shares of the company’s stock worth $982,000 after buying an additional 1,398 shares in the last quarter. 31.64% of the stock is owned by institutional investors and hedge funds.

Separately, Lake Street Capital reaffirmed a “buy” rating and set a $17.00 price objective (up previously from $12.00) on shares of Gaia in a research note on Tuesday, May 2nd.

ILLEGAL ACTIVITY NOTICE: “Gaia, Inc. (NASDAQ:GAIA) Announces Quarterly Earnings Results, Beats Expectations By $0.03 EPS” was originally posted by Daily Political and is owned by of Daily Political. If you are accessing this piece of content on another publication, it was illegally stolen and republished in violation of U.S. & international copyright & trademark law. The legal version of this piece of content can be accessed at https://www.dailypolitical.com/2017/08/08/gaia-inc-nasdaqgaia-announces-quarterly-earnings-results-beats-expectations-by-0-03-eps.html.

About Gaia

Gaia, Inc, formerly Gaiam, Inc, is engaged in providing global digital video subscription service. The Company is a global digital video streaming service and online community delivering curated media to its subscribers in over 120 countries. It provides its members access to approximately 7,000 video titles.

Earnings History for Gaia (NASDAQ:GAIA)

Receive News & Ratings for Gaia Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gaia Inc. and related companies with MarketBeat.com's FREE daily email newsletter.