Medifast Shares Drop 16% After Lower 4Q Earnings [MarketWatch]
MEDIFAST INC (MED)
Last medifast inc earnings: 2/26 04:05 pm
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ir.medifastnow.com
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Source: MarketWatch
The health and wellness company on Tuesday after market close reported quarterly earnings of $6 million, or 55 cents a share, compared with earnings of $26.5 million, or $2.41 a share, in the same quarter last year. Advertisement Revenue for the quarter was $191 million, compared with last year's $337.2 million. Adjusted earnings were $1.09 a share. The company said revenue decreased due to a "challenging market" and lower revenue per active customer. Medifast expects to have first-quarter revenue of $155 million to $175 million, and earnings of 25 cents to 95 cents a share. Write to Chris Wack at chris.wack@wsj.com
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News
- Medifast, Inc. (MED) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged WrongdoingsAccesswire
- Medifast, Inc. (NYSE:MED) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against Medifast, Inc. and Encourages Investors to Contact the FirmAccesswire
- Medifast (MED) Q1 Earnings Miss Estimates, Revenues Fall Y/Y [Yahoo! Finance]Yahoo! Finance
- Medifast, Inc. (NYSE: MED) had its price target lowered by analysts at DA Davidson from $40.00 to $25.00. They now have a "neutral" rating on the stock.MarketBeat
MED
Earnings
- 4/29/24 - Beat
MED
Sec Filings
- 4/29/24 - Form 10-Q
- 4/29/24 - Form 8-K
- 4/26/24 - Form DEF
- MED's page on the SEC website