Brief: Medifast Q2 Adjusted Non-GAAP Earnings Per Share $3.87

Medifast

03/08/2022 22:46

Medifast Inc  MED.N :
    * MEDIFAST ANNOUNCES SECOND QUARTER 2022 FINANCIAL RESULTS
AND
UPDATED OUTLOOK
    * Q2 ADJUSTED NON-GAAP EARNINGS PER SHARE $3.87
    * Q2 EARNINGS PER SHARE $3.42
    * Q2 REVENUE ROSE 15 PERCENT TO $453.3 MILLION
    * Q2 EARNINGS PER SHARE VIEW $3.23, REVENUE VIEW $447.9
MILLION --
REFINITIV IBES DATA
    * EXPECTS FULL-YEAR 2022 REVENUE TO BE IN RANGE OF $1.58
BILLION
TO $1.66 BILLION
    * EXPECTS FULL-YEAR 2022 NON-GAAP DILUTED EPS TO BE IN RANGE
OF
$12.70 TO $14.10
    * FY2022 EARNINGS PER SHARE VIEW $15.38, REVENUE VIEW $1.81
BILLION -- REFINITIV IBES DATA
    * DECLINE IN CO'S OUTLOOK IS DUE TO MACROECONOMIC FACTORS
SUCH AS
INFLATION AND CONSUMER SENTIMENT WHICH HAVE IMPACTED CUSTOMER
RETENTION

Source text for Eikon:  ID:nPnc36r89a 
Further company coverage:  MED.N