Medifast(MED) - 2024 Q1 - Quarterly Results
Medifast(MED)2024-04-30 04:36
Medifast Announces First Quarter 2024 Financial Results April 29, 2024 BALTIMORE – (BUSINESS WIRE)--Medifast (NYSE: MED), the health and wellness company known for its habit-based and Coach-guided lifestyle solution, OPTAVIA®, today reported results for the first quarter ended March 31, 2024. First Quarter 2024 • Revenue of $174.7 million, with revenue per active earning coach of $4,623 • Independent active earning OPTAVIA Coaches of 37,800 • Net income of $8.3 million (non-GAAP adjusted net income of $7.2 ...