Medifast Inc. reported an almost 10 percent increase in profit in the third quarter and beat Wall Street expectations. The Owings Mills-based wellness and dieting company posted earnings of $6.7 million, or 55 cents per share, up from $6.1 million, or 51 cents per share, in the year-ago quarter. Analysts polled by the Thomson Financial Network projected earnings per share of 51 cents. For the third quarter, Medifast (NYSE: MED) revenue increased 12.6 percent to $77.2 million from $68.6 million…
from https://www.bizjournals.com/baltimore/news/2017/11/07/medifast-profit-beats-estimates-as-sales-rise.html?ana=RSS%26s=article_search
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