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Medifast's (NYSE:MED) Q1 Earnings Results: Revenue In Line With Expectations But Stock Drops 14.3%

Wellness company Medifast (NYSE:MED) reported results in line with analysts' expectations in Q1 CY2024, with revenue down 49.9% year on year to $174.7 million. On the other hand, next quarter's revenue guidance of $160 million was less impressive, coming in 10.4% below analysts' estimates. It made a GAAP profit of $0.76 per share, down from its profit of $3.67 per share in the same quarter last year. ....

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Medifast to Announce Financial Results for the Fourth Quarter and Full Year Ended December 31, 2023

Medifast , the health and wellness company known for its habit-based and Coach-guided lifestyle solution, OPTAVIA®, will announce financial results for the fourth quarter and full year ended. ....

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