Medifast (MED) Tops Q1 EPS by 9c; Guides

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Medifast, Inc. Announces First Quarter 2016 Financial Results

May 4, 2016 4:05 PM EDT

OWINGS MILLS, Md., May 4, 2016 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), a leading United States manufacturer and provider of clinically proven weight-loss and healthy living products and programs, today reported financial results for the first quarter ended March 31, 2016.

"We are pleased with our start to 2016, particularly as momentum accelerated in our Take Shape For Life business segment," said Michael C. MacDonald, Medifast Chairman and Chief Executive Officer. "This, combined with our team's efforts to efficiently operate the business, fueled our... More