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Medifast Q1 2023 Earnings Report

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$18.44 -0.15 (-0.81%)
(As of 12:47 PM ET)

Medifast EPS Results

Actual EPS
$3.67
Consensus EPS
$2.40
Beat/Miss
Beat by +$1.27
One Year Ago EPS
$3.59

Medifast Revenue Results

Actual Revenue
$349.00 million
Expected Revenue
$319.50 million
Beat/Miss
Beat by +$29.50 million
YoY Revenue Growth
-16.40%

Medifast Announcement Details

Quarter
Q1 2023
Time
After Market Closes

Conference Call Resources

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About Medifast

Medifast (NYSE:MED), through its subsidiaries, engages in the manufacture and sale of weight loss, weight management, and healthy living products in the United States and the Asia-Pacific. It offers bars, puffs, cereal, crunchers, drinks, hearty choices, oatmeal, pancakes, pudding, soft serve, shakes, smoothies, soft bakes, and soups under the OPTAVIA, OPTAVIA ACTIVE, and Optimal Health brand names. The company markets its products through point-of-sale transactions, as well as through ecommerce platform. Medifast, Inc. was founded in 1980 and is headquartered in Baltimore, Maryland.

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