Gaiam: 4Q Earnings Snapshot

Associated Press

March 1, 2021 at 5:40 p.m.·1 min read

LOUISVILLE, Colo. (AP) _ Gaiam Inc. (GAIA) on Monday reported fourth-quarter net income of $310,000, after reporting a loss in the same period a year earlier.

On a per-share basis, the Louisville, Colorado-based company said it had net income of 2 cents.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.

The lifestyle media company posted revenue of $18.6 million in the period.

For the year, the company reported net income of $519,000, or 3 cents per share, swinging to a profit in the period. Revenue was reported as $66.8 million.

Gaiam shares have climbed nearly 8% since the beginning of the year. In the final minutes of trading on Monday, shares hit $10.64, a climb of 29% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GAIA at https://www.zacks.com/ap/GAIA

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