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Medifast Inc (NYSE:MED) reported earnings of $1.16 per share beating Walls Streets expectations.

Medifast Inc (NYSE:MED) reported Q2 2018 earnings this Afternoon, coming in at $1.16 per share, beating Wall Street’s estimates of $0.98 per Share. Revenue for the quarter came in at $117.30 million beating analyst estimates of $101.75 million Recent Insider Trading for Medifast Inc (NYSE:MED)

Dividend History for Medifast Inc (NYSE:MED)

About Company Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products. It offers bars, bites, pretzels, puffs, oatmeal and cereal crunch products, drinks, hearty choices, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by OPTAVIA, Flavors of Home, and Essential 1 brands. The company sells its products through various channels, including the Internet, call centers, independent health advisors, medical professionals, franchise weight loss clinics, and direct consumer marketing. As of December 31, 2017, it operated 16 franchised Medifast weight control centers in Arizona, California, Louisiana, Minnesota, and Wisconsin; and 18 reseller locations in California, Maryland, and Pennsylvania. The company was founded in 1980 and is headquartered in Baltimore, Maryland.Recent Analyst Rating for Medifast Inc (NYSE:MED)