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Medifast Inc (MED.N)

MED.N on New York Stock Exchange

73.40USD
17 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Medifast Announces 50 Percent Increase In Quarterly Dividend
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Medifast Inc ::MEDIFAST, INC. ANNOUNCES 50 PERCENT INCREASE IN QUARTERLY DIVIDEND.MEDIFAST - DIRECTORS DECLARED A $0.48 CASH DIVIDEND TO STOCKHOLDERS, REFLECTING A $0.16 OR 50 PERCENT INCREASE OVER PREVIOUS QUARTER'S CASH DIVIDEND.  Full Article

Medifast posts Q3 earnings per share $0.55
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Medifast Inc :Sees q4 earnings per share $0.46 to $0.49.Q3 earnings per share $0.55.Sees Q4 revenue $71.4 million to $74.4 million.Q3 revenue $77.2 million.Cash, cash equivalents, investment securities rose $18.9 million to $95.7 million as of Sept. 30,2017 compared to $76.8 million at Dec. 31,2016​.  Full Article

Medifast announces appointment of Daniel Chard as CEO
Monday, 3 Oct 2016 

Medifast Inc : Chard succeeds michael macdonald, who will stay with medifast in role of executive chairman of board . Chard has been appointed as a member of medifast's board of directors, effective today, bringing size of board to 10 members . Medifast, inc. Announces appointment of direct selling industry veteran daniel r. Chard as chief executive officer . Says expects to meet or exceed q3 guidance for revenue from continuing operations in range of approximately $64.0 million to $67.0 million .Expects to meet or exceed q3 guidance for earnings per diluted share from continuing operations in range of $0.43 to $0.46 per diluted share.  Full Article

Medifast raises FY adjusted earnings from cont ops forecast
Wednesday, 3 Aug 2016 

Medifast Inc : Medifast, inc. Announces second quarter 2016 financial results . Q2 adjusted earnings per share $0.63 from continuing operations . Sees q3 2016 revenue about $64 million to $67 million . Q2 revenue $71.1 million . Sees q3 2016 earnings per share $0.43 to $0.46 from continuing operations . Q2 earnings per share $0.29 from continuing operations . Sees fy 2016 revenue $275 million to $282 million . Says company reiterated its fy guidance for revenue from continuing operations . Says is raising its fy guidance for adjusted earnings per diluted share from continuing operations to $1.79 to $1.84 . Fy 2016 earnings per diluted share from continuing operations is now expected to be in range of $1.38 to $1.43 . Says company expects q3 2016 revenue from continuing operations to be in range of approximately $64.0 million to $67.0 million .Says fy earnings per diluted share from continuing operations is now expected to be in range of $1.38 to $1.43.  Full Article

Medifast Inc Raises FY 2016 guidance; gives Q2 2016 guidance
Wednesday, 4 May 2016 

Medifast Inc:Expects Q2 2016 net revenue from continuing operations to be in the range of approximately $70.0 million to $73.0 million and adjusted earnings per diluted share from continuing operations in the range of $0.50 to $0.53 per diluted share.Raised FY 2016 guidance for revenue from continuing operations to be in the range of $275.0 million to $282.0 million and adjusted earnings per diluted share from continuing operations in the range of $1.75 to $1.80 per diluted share.  Full Article

BRIEF-Medifast Announces 50 Percent Increase In Quarterly Dividend

* MEDIFAST, INC. ANNOUNCES 50 PERCENT INCREASE IN QUARTERLY DIVIDEND