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Medifast: Q3 Earnings Snapshot
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BALTIMORE (AP) — BALTIMORE (AP) — Medifast Inc. (MED) on Monday reported a loss of $17.5 million in its third quarter.

On a per-share basis, the Baltimore-based company said it had a loss of $1.57. Losses, adjusted for restructuring costs, were 19 cents per share.

The weight-loss company posted revenue of $72 million in the period.

For the current quarter ending in December, Medifast said it expects revenue in the range of $55 million to $75 million.

The company expects full-year results to range from a loss of 70 cents per share to a loss of 45 cents per share, with revenue ranging from $280 million to $300 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MED at https://www.zacks.com/ap/MED

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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