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Dec 31, 2019
Medifast Q4 2019 Earnings Report
Medifast experienced revenue growth and an increase in active earning OPTAVIA coaches, while implementing technology and supply chain upgrades.
Key Takeaways
Medifast reported a 17% increase in revenue to $170.6 million and a 32% increase in active earning OPTAVIA Coaches to 31,800 in Q4 2019. Net income increased by 27% to $19.9 million, with EPS rising by 27.7% to $1.66. The company also declared a quarterly cash dividend of $1.13 per share.
Revenue increased by 17.0% to $170.6 million.
Active earning OPTAVIA Coaches grew by 32.0% reaching 31,800.
Net income increased by 27.0% to $19.9 million.
Earnings per diluted share increased by 27.7% to $1.66.
Forward Guidance
The Company expects first quarter revenue to be in the range of $166.0 million to $171.0 million and EPS to be in the range of $1.35 to $1.42. For the full year 2020, the Company expects revenue of $715.0 million to $745.0 million and EPS of $6.25 to $6.55.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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