Hospitality & Tourism  March 13, 2015

Louisville-based Gaiam reports losses for 4Q, 2014

LOUISVILLE — Lifestyle-media company Gaiam Inc. (Nasdaq: GAIA) on Thursday reported a loss of $2.4 million in its fourth quarter and a loss of $9.9 million for the year that ended Dec. 31.

On a per-share basis, the Louisville-based company said it had a loss of 10 cents. Earnings, adjusted to account for discontinued operations, came to 3 cents per share.

The company posted revenue of $55.4 million in the period compared with $50.7 million for the same quarter a year ago.

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For the year, the company reported that its loss narrowed to $9.9 million, or 41 cents per share. Revenue was $155.5 million.

Gaiam’s chairman, Jirka Rysavy, said during a conference call with investors that he expects 17 percent revenue growth in 2015 despite a planned $5.7 million loss of revenue due to the company’s decision to eliminate most of its catalog circulation in the coming year.

Shares of Gaiam opened at $7.12 on Friday. Gaiam has a 52-week low of $6.05 and a 52-week high of $8.76 per share.

LOUISVILLE — Lifestyle-media company Gaiam Inc. (Nasdaq: GAIA) on Thursday reported a loss of $2.4 million in its fourth quarter and a loss of $9.9 million for the year that ended Dec. 31.

On a per-share basis, the Louisville-based company said it had a loss of 10 cents. Earnings, adjusted to account for discontinued operations, came to 3 cents per share.

The company posted revenue of $55.4 million in the period compared with $50.7 million for the same quarter a year ago.

For the year, the company reported that its loss narrowed to $9.9 million, or 41 cents per share.…

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