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Medifast Diversified Business Model Drives Strong Revenue and Earnings Growth for the Third Quarter of 2008
Date:11/6/2008

Other

income/(expense) 5,000 2,000 (1,000) 90,000

(45,000) (157,000) (160,000) (194,000)

Income before

provision for income

taxes 2,351,000 1,400,000 6,708,000 4,721,000

Provision for income

tax (expense) (802,000) (446,000) (2,222,000) (1,486,000)

Net income $1,549,000 $954,000 $4,486,000 $3,235,000

Basic earnings per

share $0.12 $0.07 $0.34 $0.25

Diluted earnings per

share $0.11 $0.07 $0.32 $0.24

Weighted average

shares outstanding -

Basic 13,179,527 12,982,730 13,139,520 12,939,562

Diluted 14,178,031 13,683,809 14,138,024 13,640,641

Contact: Brendan Connors Lytham Partners, LLC

Vice President - Finance Joe Diaz

ir@choosemedifast.com Robert Blum

Joe Dorame

602-889-9700


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SOURCE Medifast, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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