Medifast (MED) Tops Q4 EPS by 9c, Revenues Beat; Offers EPS/Revenue Guidance Above Consensus

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Go back to Medifast (MED) Tops Q4 EPS by 9c, Revenues Beat; Offers EPS/Revenue Guidance Above Consensus

Medifast, Inc. Announces Fourth Quarter and Full Year 2018 Financial Results

February 26, 2019 4:16 PM EST

BALTIMORE, Feb. 26, 2019 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), a leading manufacturer and distributor of clinically proven, healthy living products and programs, today reported financial results for the fourth quarter and full year ended December 31, 2018.

Fourth Quarter 2018 Highlights:

Revenue of $145.8 million, an increase of 87.0% year-over-year Active earning Coaches of 24,100, an increase of 60.7% year-over-year Net income of $15.7 million, an increase of 114.2%... More