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0 0.00522846101386672 -0.0045464878381451 0.0113662195953626 -0.0247783587178905 -0.040691066151398 -0.0277335758126847 -0.0247783587178905
Stock impact report

Medifast Announces Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]

MEDIFAST INC (MED) 
Last medifast inc earnings: 2/26 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.medifastnow.com
Company Research Source: Yahoo! Finance
solution, OPTA VIA® , today reported results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Revenue of $191.0 million, with revenue per active earning Coach of $4,648 Independent active earning OPTA VIA Coaches of 41,100 Net income of $6.0 million (non-GAAP adjusted net income of $11.9 million) Earnings per diluted share ("EPS") of $0.55 (non-GAAP adjusted EPS of $1.09) Full Year 2023 Revenue of $1.1 billion Net income of $99.4 million (non-GAAP adjusted net income of $105.2 million) EPS of $9.10 (non-GAAP adjusted EPS of $9.64) Cash, Cash Equivalents, and Investments of $150.0 million and no interest-bearing debt "We are realigning our business to respond to the evolving dynamics of the weight loss industry and to aggressively execute on bold initiatives to transform our business model," said Dan Chard, Chairman & CEO of Medifast. "We are broadening our customer acquisition activities significantly, launching a broad-based nati Show less Read more
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