Navigation Links
Medifast Announces Third-Quarter 2007 Results
Date:11/8/2007

Positive Trending Reported across all Distribution Channels

OWINGS MILLS, Md., Nov. 8 /PRNewswire-FirstCall/ -- Medifast, Inc. (NYSE: MED) announced today third quarter results for the period ended September 30, 2007. For quarter-ended September 30, 2007, Medifast reported revenue of $21.8 million, an 11% increase from $19.6 million in the third quarter of 2006. The Company reported net income of $954,000, or $0.07 per basic share ($0.07 per diluted share), versus $1,455,000 or $0.11 per basic share ($0.11 per diluted share) in 2006. The third quarter of 2007 represented the Company's 32nd consecutive quarter of profitability.

For the nine months ended September 30, 2007, Medifast reported revenue of $64 million, an increase of 9% from $58.8 million for the nine months ended September 30, 2006. The Company reported net income of $3.2 million, or $.25 per basic share ($.24 per diluted share), versus $4.9 million or $.39 per basis share ($.36 per diluted share) in 2006.

The Company's balance sheet remains strong with stockholders' equity of $31.7 million and working capital of $12.4 million at September 30, 2007, compared to $27.2 million and $12.9 million at September 30, 2006, respectively. At September 30, 2007 the current ratio was an impressive 3.8 to 1.

"In the third quarter of 2007, the Company continued to focus on and invest in building the platform for the near future and long term growth of the Medifast business. We are confident that our strategic investments including improved internal capabilities, new technologies as well as significant communications upgrades, and a seasoned executive team with extensive experience will provide continued positive improvements to our business.
'/>"/>

SOURCE Medifast, Inc.
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8

Related medicine news :

1. Medifast Announces Winners of Mother-Daughter Challenge
2. Medifast, Inc. Announces Support for Microsoft HealthVault
3. Medifast Announces Updated Full Year 2007 Guidance
4. HHS Announces $75 Million in Supplemental Funding to States for Pandemic Flu Preparedness
5. CRC Health Group Announces Acquisition of Bayside Marin Recovery Center, San Rafael
6. UHW Announces: Antelope Valley Hospital Caregivers and Board Vote to Ratify First Union Contract With SEIU UHW-West
7. HEI, Inc. Announces Sale of RFID Division Assets
8. Caraco Pharmaceutical Laboratories, Ltd. Announces FDA Approval to Market Generic Version of Zyloprim(R)
9. Mettler-Toledo International Inc. Announces Webcast of Presentation at Thomas Weisel Partners 2007 Healthcare Conference
10. Z Trim Announces Revocation of Gregory Halpern Severence Agreement
11. Brooke Franchise Corporation Announces Selected July Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/20/2014)... August 21, 2014 Medical Alert Systems, ... and reviews of some of the most popular medical ... pleased to announce that it is now offering special ... seniors who are on a fixed income but would ... announcement comes as very welcome news. , As a ...
(Date:8/20/2014)... 21, 2014 Recently, UWDress.com, the distinguished ... selection of birthday party dresses for girls . ... are well-designed and exquisitely handmade by experienced specialists. Now, ... percent off. , The company’s new items come in ... short knee length frocks, long elegant backless gowns and ...
(Date:8/20/2014)... Park Avenue Dental, a leading Florida-based ... a top graduate of the University of Detroit School ... its website through an ultra-informative blog focused on dental ... parkavenuedentalfl.com, the blog page is chock full of topics ... instead concentrating on important dental care tips ...
(Date:8/20/2014)... August 20, 2014 Locating rates for insurance ... the Quotes Pros website. A new source of term life ... review rates good for all 50 states at http://quotespros.com/life-insurance.html ... one of the new methods available for the public to ... that are supplied. The instant quotations that are available are ...
(Date:8/20/2014)... HealthDay Reporter WEDNESDAY, Aug. 20, 2014 (HealthDay ... of rhesus monkeys from deadly Marburg virus, a very close ... of those it infects, researchers report. The drug protected ... when it was given three days after infection, according to ... Translational Medicine . This is the first drug ever ...
Breaking Medicine News(10 mins):Health News:Medical Alert Systems Website Now Offering Special Prices on the Popular Medical Guardian Product 2Health News:Medical Alert Systems Website Now Offering Special Prices on the Popular Medical Guardian Product 3Health News:Cheap Birthday Party Dresses for Girls Now Available at UWDress.com 2Health News:Park Avenue Dental Provides Dental Care Tips for World Wide Community on New Website Blog 2Health News:Park Avenue Dental Provides Dental Care Tips for World Wide Community on New Website Blog 3Health News:Term Life Insurance Price Database Now Helps Quote Prices for Adults in 50 States Online 2Health News:Drug for Ebola-Like Virus Shows Promise in Monkeys 2Health News:Drug for Ebola-Like Virus Shows Promise in Monkeys 3
... NANJING, China, Aug. 24 /PRNewswire-Asia/ -- Simcere ... "Company"), a leading manufacturer and supplier,of branded generic and ... Sun Yat-Sen University Cancer Center. , ... is one of,China,s renowned cancer research institutions, prominent in ...
... , , ... Inc., announced today that it has received European CE Mark ... System. The device is now approved for use in improving ... disease. , , The novel vProtect(TM) Luminal ...
... SHENZHEN, China, Aug. 24 /PRNewswire-Asia-FirstCall/ -- China Nepstar,Chain Drugstore ... the largest,retail drugstore chain in China based on the number ... the quarter ended,June 30, 2009. , ... Nepstar terminated a voting rights assignment agreement,which assigned 30% of ...
... SHENZHEN, China, Aug. 24 /PRNewswire-Asia-FirstCall/ ... ) ("Nepstar" or the "Company"), the largest,drugstore chain in ... announced the resignation of Mr. Jiannong Qian as the ... effective on August 20, 2009,upon the expiration of Mr. ...
... for active tuberculosis (TB) disease, according to a new study ... data from nearly 17,000 individuals in Taiwan as part of ... studies have reported increased mortality among TB patients who smoke, ... of smoking on active TB incidence using a longitudinal design ...
... ... disabilities and health limitations spurs need for rehabilitation professionals , ... (Vocus) August 23, 2009 -- An aging ... professionals, and the National Rehabilitation Awareness Foundation (NRAF) is honoring the difference ...
Cached Medicine News:Health News:Simcere Announces Strategic Partnership with Sun Yat-Sen University Cancer Center 2Health News:vProtect Luminal Shield (TM) from Prescient Medical Receives CE Mark 2Health News:China Nepstar Chain Drugstore Reports Second Quarter 2009 Financial Results 2Health News:China Nepstar Chain Drugstore Reports Second Quarter 2009 Financial Results 3Health News:China Nepstar Chain Drugstore Reports Second Quarter 2009 Financial Results 4Health News:China Nepstar Chain Drugstore Reports Second Quarter 2009 Financial Results 5Health News:China Nepstar Chain Drugstore Reports Second Quarter 2009 Financial Results 6Health News:China Nepstar Chain Drugstore Reports Second Quarter 2009 Financial Results 7Health News:China Nepstar Chain Drugstore Reports Second Quarter 2009 Financial Results 8Health News:China Nepstar Chain Drugstore Reports Second Quarter 2009 Financial Results 9Health News:China Nepstar Chain Drugstore Reports Second Quarter 2009 Financial Results 10Health News:China Nepstar Chain Drugstore Reports Second Quarter 2009 Financial Results 11Health News:China Nepstar Chain Drugstore Reports Second Quarter 2009 Financial Results 12Health News:China Nepstar Chain Drugstore Reports Second Quarter 2009 Financial Results 13Health News:China Nepstar Chain Drugstore Announces Management Change 2Health News:China Nepstar Chain Drugstore Announces Management Change 3Health News:Smoking increases risk of developing active TB 2Health News:Smoking increases risk of developing active TB 3Health News:Medical Advances, Population Changes Fuel Demand for Rehabilitation Professionals 2
(Date:8/20/2014)... Aug. 20, 2014  The National Association of ... results achieved by the real-time, pseudoephedrine (PSE) blocking ... Precursor Log Exchange (NPLEx), automatically blocks unlawful PSE ... meth offenders and make arrests. Data released by ... blocked the sale of more than ...
(Date:8/20/2014)...  The National Association of Drug Diversion Investigators ... the real-time, pseudoephedrine (PSE) blocking system in Missouri. The ... (NPLEx), automatically blocks unlawful pseudoephedrine sales and helps ... make arrests. Data released by NPLEx shows electronic ... the sale of more than 19,030 boxes of medicine ...
(Date:8/20/2014)... , Aug. 20, 2014 PTC Therapeutics, Inc. (NASDAQ: ... two upcoming investor conferences: - FBR 1 st ... Boston on Wednesday, September 3 rd ... The Mandarin Oriental Boston on Thursday, September 4 th ... update at the Bank of America Merrill Lynch Global Healthcare ...
Breaking Medicine Technology:Kentucky's Stop-Sale System Achieves Significant Results In Battle Against Meth 2Missouri's Stop-Sale System Achieves Significant Results In Battle Against Meth 2PTC Therapeutics to Participate at Upcoming Investor Conferences 2
... CINCINNATI, Jan. 12, 2012   Prasco® Laboratories announced today ... (NASDAQ: SHPGY ) for the distribution ...   version of Carbatrol® (Carbamazepine) Extended-Release Capsules in 100 ... Carbamazepine Extended-Release Capsules are AB-rated, therapeutically equivalent and ...
...   Optimer Pharmaceuticals, Inc. (NASDAQ: ... Ph.D., Chief Operating Officer & Senior Vice President, ... other interests. (Logo:  http://photos.prnewswire.com/prnh/20090413/LA97352LOGO ... been a great experience building Optimer Pharmaceuticals and bringing ...
Cached Medicine Technology:Prasco® Launches Authorized Generic of Shire's Carbatrol® 2Prasco® Launches Authorized Generic of Shire's Carbatrol® 3Prasco® Launches Authorized Generic of Shire's Carbatrol® 4Chief Operating Officer Tessie M. Che Departing Company 2Chief Operating Officer Tessie M. Che Departing Company 3
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
Medicine Products: