Gaia’s top, bottom lines improved in third quarter
LOUISVILLE — Streaming video provider Gaia Inc. (Nasdaq: GAIA) grew its year-over-year sales and reduced its net losses, while growing its user base in the third quarter of 2023.
Gaia’s revenues for the third quarter of 2023 were $20.2 million, up from $19.9 million in the same period last year.
The company’s net loss shrunk to $600,000 in the most recent period, from a net loss of $2.4 million in the third quarter of 2022.
The company had 790,500 members as of September 30, 2023, up from 776,000 members at the end of the third quarter of 2022.
“The initiatives implemented over the past…
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