Medifast (MED) Tops Q3 EPS by 3c; Mixed Outlook

Go back to Medifast (MED) Tops Q3 EPS by 3c; Mixed Outlook

Medifast, Inc. Announces Third Quarter 2015 Financial Results

November 5, 2015 4:06 PM EST

OWINGS MILLS, Md., Nov. 5, 2015 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), leading United States manufacturer and provider of clinically proven weight-loss and healthy living products and programs, today reported financial results for the third quarter ended September 30, 2015.

"Our top line results, solid gross margin expansion and expense leverage enabled us to generate earnings above our guidance for the third quarter," said Michael C. MacDonald, Medifast Chairman and Chief Executive Officer. "We are pleased with the sequential improvement in... More