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Stock impact report

Gaia Reports First Quarter 2024 Results [Yahoo! Finance]

Gaia, Inc. - Class A (GAIA) 
Last gaia, inc. - class a earnings: 4/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.gaia.com
Company Research Source: Yahoo! Finance
Highlights: Operating cash flows for the first quarter improved by $5.2 million from the year-ago quarter Fourth consecutive quarter of positive free cash flow Highest single quarter of membership growth since Q1 2021 “In the first quarter we experienced a 10% decrease in customer acquisition costs,” said Jirka Rysavy, Gaia's Chairman. “We continued to see our member growth rate increase, as we doubled our net member addition to 33,000 during the first quarter up from 16,000 in the fourth quarter, finishing with 839,000 members.” Gaia CEO James Colquhoun commented: “As we closed the quarter, we continued our trend of executing on cash flow positive growth with improvements in marketing efficiency. We also re-branded our premium membership tier from Events+ to Gaia+ and achieved the highest one-month increase in premium members since the launch of the premium tier in October 2019. Additionally, due to an increased focus on direct-to-paid campaigns, annual memberships, and th Show less Read more
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