Gaia Announces Participation in LD Micro Investment Conference (Los Angeles)
29 September 2023 - 10:00PM
Gaia, Inc. (NASDAQ: GAIA) a conscious media and community
company, announced its participation in the following investor
conference:
- LD Micro
Investment Conference, October 4, 2023, at the Luxe Sunset
Boulevard Hotel in Los Angeles
Gaia’s management team, including Chairman and
CEO Jirka Rysavy, CFO Ned Preston, and COO James Colquhoun, will be
available for meetings with investors. For more information or to
schedule one-on-one meetings, please contact your respective
conference representative or Gaia’s investor relations team at
GAIA@gateway-grp.com.
Gaia expects to finish the third quarter (ending September 30,
2023) with continued positive cash flow generation and achieving
member growth approximately double from the previous quarter,
ending the quarter with higher total members and revenue compared
to same quarter last year, more than recovering losses from the
later part of 2022, caused by the industry-wide post-COVID
subscriber contraction.
About Gaia
Gaia is a member-supported global video streaming service and
community that produces and curates conscious media through four
primary channels—Seeking Truth, Transformation, Alternative Healing
and Yoga—in four languages (English, Spanish, French and German) to
its members in 185 countries. Gaia’s library includes over 10,000
titles, over 85% of which is exclusive to Gaia, and approximately
75% of viewership is generated by content produced or owned by
Gaia. Gaia is available on Apple TV, iOS, Android, Roku,
Chromecast, and sold through Amazon Prime Video and Comcast
Xfinity. For more information about Gaia,
visit www.gaia.com.
Company Contact:
Ned Preston
Chief Financial Officer
Gaia, Inc.
Investors@gaia.com
Investor Relations:
Gateway Group, Inc.
Cody Slach
(949) 574-3860
GAIA@gateway-grp.com
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the federal securities laws. All statements other
than statements of historical fact are forward-looking statements
that involve risks and uncertainties. When used in this discussion,
we intend the words “anticipate,” “believe,” “contemplate,”
“continue,” “could,” “estimate,” “expect,” “future,” “hope,”
“intend,” “may,” “might,” “objective,” “ongoing,” “plan,”
“potential,” “predict,” “project,” “should,” “strive,” “target,”
“will,” “would” and similar expressions as they relate to us to
identify such forward-looking statements. Our actual results could
differ materially from the results anticipated in these
forward-looking statements as a result of certain factors set forth
under “Risk Factors” and elsewhere in our filings with the U.S.
Securities and Exchange Commission, including in our Annual Report
on Form 10-K for the year ended December 31, 2022. Risks and
uncertainties that could cause actual results to differ include,
without limitation: our ability to attract new members and retain
existing members; our ability to compete effectively, including for
customer engagement with different modes of entertainment;
maintenance and expansion of devise platforms for steaming;
fluctuation in customer usage of our service; fluctuations in
quarterly operating results; service disruptions; production risks;
general economic conditions; future losses; loss of key personnel;
price changes; brand reputation; acquisitions; new initiatives we
undertake; security and information systems; legal liability for
website content; failure of third parties to provide adequate
service; future internet-related taxes; our founder’s control of
us; litigation; consumer trends; the effect of government
regulation and programs; the impact of public health threats,
including the coronavirus (COVID-19) pandemic and our response to
it; and other risks and uncertainties included in our filings with
the Securities and Exchange Commission. We caution you that no
forward-looking statement is a guarantee of future performance, and
you should not place undue reliance on these forward-looking
statements which reflect our views only as of the date of this
press release. We undertake no obligation to update any
forward-looking information.
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