Key Developments For Gaiam Inc
Gaiam Inc (GAIA.O) (Consolidated Issue listed on NASDAQ Global Market)
Gaiam, Inc. Comments On Q4 2009 Revenue Outlook; Comments On FY 2010 Outlook
Gaiam, Inc. announced that it expect to return to double-digit internal revenue growth, in-line with historical rates, in the fourth quarter of 2009. For fiscal 2010, the Company expects that revenue momentum, new media relationships and strong balance sheet position it well to drive top and bottom line growth. According to Reuters Estimates, analysts on an average are expecting the Company to report revenue of $83 million for the fourth quarter of 2009; GAAP earnings per share (EPS) of $0.18 on revenue of $293 million for fiscal 2010.
Gaiam, Inc. Announce Exclusive Licensing Deal With Discovery Communications Inc.
Gaiam, Inc. announced that it has signed an exclusive home video license agreement with Discovery Communications. Under the three-year agreement, Gaiam will release programming from Discovery Communications networks, including Discovery Channel, TLC, Animal Planet, ID: Investigation Discovery, Science Channel, HD Theater, and Military Channel.
Gaiam, Inc. Reports Share Repurchase Transaction
Gaiam, Inc. announced that the Company repurchased 932,000 shares of its common stock. The purchase was a negotiated transaction in which the Company, its director James Argyropoulos and Mill Road Capital acquired in aggregate 1,863,310 shares from the Company's second largest shareholder.
Gaiam, Inc. Comments On FY 2009 Outlook-Conference Call
Gaiam, Inc. announced that it expects fiscal 2009 to be best year ever in both revenue and earnings per share (EPS). The Company reported EPS of $0.03 on revenue of $257.17 million in fiscal 2008.
Gaiam, Inc. Lowers FY 2008 Revenue Guidance-Conference Call
Gaiam, Inc. announced that it has adjusted revenue expectation for fiscal 2008 to approximately $285 million which will reflect approximately a 10% top line growth year-over-year, in line with its year-to-date revenue growth. According to Reuters Estimates, analysts were expecting the Company to report revenues of $300 million for fiscal 2008.
