Gaia’s video service sees nearly double-digit membership growth
LOUISVILLE — Streaming video provider Gaia Inc. (Nasdaq: GAIA) saw its year-over-year sales and membership totals grow in the first quarter of 2024, a period during which the company also trimmed its net losses.
Gaia posted revenues of $21.7 million in the first quarter of this year, up from $19.6 million during the same period in 2023.
Over that time, the streamer boosted its member count 9% to 839,000.
The company’s net loss in the first quarter of 2024 was $1 million, an improvement over the first quarter net loss of $1.3 million last year.
“In the first quarter we experienced a 10% decrease…
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