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2024

Medifast: Q2 Earnings Snapshot

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BALTIMORE (AP) — BALTIMORE (AP) — Medifast Inc. (MED) on Monday reported a loss of $8.2 million in its second quarter.

The Baltimore-based company said it had a loss of 75 cents per share. Earnings, adjusted for non-recurring costs, were 92 cents per share.

The weight-loss company posted revenue of $168.6 million in the period.

For the current quarter ending in September, Medifast said it expects revenue in the range of $125 million to $145 million.

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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