Medifast, Inc. Announces Third Quarter 2020 Financial Results
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Medifast (MED) Tops Q3 EPS by 45c, Revenues Beat
November 2, 2020 4:15 PM ESTMedifast (NYSE: MED) reported Q3 EPS of $2.91, $0.45 better than the analyst estimate of $2.46. Revenue for the quarter came in at $271.5 million versus the consensus estimate of $240.62 million.
Third Quarter 2020 Highlights Compared to Prior-Year Period
Revenue increased 42.8% to $271.5 million30.7% growth in active earning OPTAVIA Coaches to a record level of 42,100Revenue per active earning OPTAVIA Coach increased 8.2% over the... More