Feb. 18 at 5:12 PM
$MED Q4 results: Revenue beats but EPS misses the mark 📉
MED reported a quarterly loss of
$1.65 per share, missing the Zacks Consensus Estimate of a loss of 76 cents. Net revenues declined 36.9% year over year due to fewer active earning OPTAVIA coaches, though it surpassed estimates at
$75.1M.
Full breakdown here 👉 https://www.zacks.com/stock/news/2871368/medifast-q4-loss-wider-than-expected-revenues-decline-37-yy?cid=sm-stocktwits-2-2871368-body-34070&ADID=SYND_STOCKTWITS_TWEET_2_2871368_BODY_34070