Overview

* Gaia Q2 revenue rises 12% yr/yr, beating analyst expectations, per LSEG data

* Gross profit up 16%, EPS improves by $0.02 from last year

* Subsidiary Igniton raises $6 mln, boosting valuation to $106 mln

Result Drivers

* MEMBER GROWTH - Revenue growth driven by increase in member count and higher average revenue per user

* IGNITON FUNDING - Subsidiary Igniton raised $6 mln, boosting its valuation to support future growth

* OPERATIONAL EFFICIENCY - Improved operational execution and efficiency contributed to EPS improvement

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $24.63 $24.40

Revenue mln mln (3

Analysts

)

Q2 Basic -$0.07

EPS

Q2 -$2.07

Pretax mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the online services peer group is "buy"

* Wall Street's median 12-month price target for Gaia Inc ( GAIA ) is $7.75, about 46.7% above its August 8 closing price of $4.13

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)