Medifast: Q3 Earnings Snapshot

BALTIMORE (AP) — BALTIMORE (AP) — Medifast Inc. (MED) on Monday reported earnings of $23.1 million in its third quarter.

The Baltimore-based company said it had net income of $2.12 per share.

The weight-loss company posted revenue of $235.9 million in the period.

Medifast expects full-year earnings to be $8.65 to $9.55 per share, with revenue in the range of $1.05 billion to $1.07 billion.

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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

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