Gaiam's first-quarter revenue increases

LOUISVILLE - Gaiam Inc. reported a 25 percent gain in revenue for its first quarter that ended March 31, but recorded a loss of $1.2 million for the period. The lifestyle media company based in Louisville reported first-quarter revenue of $47.3 million, a 25.2 percent improvement compared with revenue in the first quarter of 2011. Revenue in the first quarter includes $300,000 from less than a week of operations of Vivendi Entertainment. Excluding the Vivendi Entertainment acquisition-related costs and an unconsolidated equity investment loss, net income in the quarter was $600,000, or 3 cents per diluted share, as compared