earnings
confidence high
sentiment positive
materiality 0.75
Medifast Q3 revenue jumps 52% to $413M; EPS $3.56; coaches up 45%
MEDIFAST INC
2021-Q3 EPS reported
$10.98
revenue$1,148,253,000
- Revenue increased 52.3% to $413.4M; net income $42.0M, diluted EPS $3.56 (up 22.3%).
- Active earning OPTA VIA coaches rose 44.9% to 61,000; revenue per coach $6,773 (up 7%).
- Gross profit margin 74.3% (vs 75.2% last year); SG&A as % of revenue rose to 60.9% from 58.7%.
- Full-year 2021 guidance: revenue $1.51B-$1.53B, EPS $13.27-$13.96.
- Cash and investments $159.9M; declared $1.42/share dividend payable Nov 8; $26.3M share repurchases in Q3.