Medifast: Q2 Earnings Snapshot

In this article:

BALTIMORE (AP) — BALTIMORE (AP) — Medifast Inc. (MED) on Monday reported earnings of $30.3 million in its second quarter.

The Baltimore-based company said it had profit of $2.77 per share.

The weight-loss company posted revenue of $296.2 million in the period.

For the current quarter ending in September, Medifast said it expects revenue in the range of $220 million to $240 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MED at https://www.zacks.com/ap/MED

Advertisement