Gaiam (GAIA) Releases Quarterly Earnings, Beats Expectations By $0.01 EPS
Gaiam (NASDAQ:GAIA) issued its quarterly earnings data on Wednesday. The company reported ($0.10) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.11) by $0.01, StockRatingsNetwork.com reports. The company had revenue of $32.50 million for the quarter, compared to the consensus estimate of $34.50 million.
On a related note, analysts at Sidoti upgraded shares of Gaiam from a “neutral” rating to a “buy” rating in a research note on Thursday, June 19th.
Gaiam (NASDAQ:GAIA) traded up 4.47% during mid-day trading on Wednesday, hitting $7.24. The stock had a trading volume of 42,013 shares. Gaiam has a one year low of $4.75 and a one year high of $8.76. The stock has a 50-day moving average of $7.25 and a 200-day moving average of $6.96. The company’s market cap is $174.2 million.
Gaiam, Inc (NASDAQ:GAIA) is a lifestyle media company providing a range of information, media, products and services to customers who value personal development, wellness, ecological lifestyles, and responsible media.
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