Medifast, Inc. to Announce Financial Results for the Fourth Quarter and Full Year Ended December 31, 2020
Medifast, Inc. (NYSE: MED) will release its financial results for Q4 and the full year ending December 31, 2020, on February 25, 2021, after market close.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Medifast, Inc. (NYSE: MED) will release its financial results for Q4 and the full year ending December 31, 2020, on February 25, 2021, after market close. A conference call featuring CEO Dan Chard and CFO Jim Maloney will be held at 4:30 p.m. ET on the same day to discuss these results. Investors can listen via the Medifast website or dial in for a telephonic playback available until March 4, 2021. Medifast is recognized as one of the fastest-growing health and wellness companies globally and is listed among FORTUNE's 100 Fastest-Growing Companies in 2020.
Positive
- Medifast is ranked among FORTUNE's 100 Fastest-Growing Companies in 2020.
- The company is launching its Q4 and full year financial results, indicating ongoing transparency with investors.
Negative
- None.
Details
News Market Reaction – MED
The recorded move for MED in the trading session of this news was +1.04%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BALTIMORE, Feb. 11, 2021 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities, OPTAVIA®, will announce financial results for the fourth quarter and full year ended December 31, 2020 on Thursday, February 25, 2021, after market close. The Company will host a conference call to discuss these results with additional comments and details. Participants from the Company will be Dan Chard, Chairman and Chief Executive Officer, and Jim Maloney, Chief Financial Officer.
The conference call is scheduled to begin at 4:30 p.m. ET on February 25, 2021. The call will be broadcast live over the Internet hosted at the Investor Relations section of Medifast's website at www.MedifastInc.com or directly at https://www.webcaster4.com/Webcast/Page/1029/39750, and will be archived online through March 11, 2021. In addition, listeners may dial (855) 560-2579.
A telephonic playback will be available from 6:30 p.m. ET, February 25, 2021, through March 4, 2021. Participants can dial (877) 344-7529 to hear the playback and enter passcode 10151796.
About Medifast:
Medifast (NYSE: MED) is the global company behind one of the fastest-growing health and wellness communities, OPTAVIA®, which offers scientifically developed products, clinically proven plans and the support of Coaches and a Community to help Clients achieve Lifelong Transformation, One Healthy Habit at a Time®. Based on nearly 40 years of experience, Medifast has redefined direct selling by combining the best aspects of the model. Its community of thousands of independent OPTAVIA Coaches teach Clients how to develop holistic healthy habits through the proprietary Habits of Health® Transformational System. Medifast is traded on the New York Stock Exchange and ranked second on FORTUNE's 100 Fastest-Growing Companies list in 2020. The company was also named to Forbes' 100 Most Trustworthy Companies in America list in 2017. For more information, visit MedifastInc.com or OPTAVIA.com.
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SOURCE Medifast, Inc.
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