Medifast (MED) Tops Q1 EPS by 4c

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Medifast, Inc. Announces First Quarter 2017 Financial Results

May 4, 2017 4:05 PM EDT

OWINGS MILLS, Md., May 4, 2017 /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, 2017.

"We are pleased with our start to 2017. Revenue was in-line with our expectations and when combined with our solid gross profit and expense management it fueled profitability above our guidance for the first quarter," said Daniel R. Chard, Medifast's Chief Executive... More