Medifast, Inc. to Announce Financial Results for the Third Quarter Ended September 30, 2020
Medifast, Inc (NYSE: MED) will announce its third-quarter financial results for the period ending September 30, 2020, on November 2, 2020, following the 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 announce its third-quarter financial results for the period ending September 30, 2020, on November 2, 2020, following the market close. A conference call will be held at 4:30 p.m. ET that day, featuring CEO Dan Chard and CFO Jim Maloney. The call will be accessible via the company’s investor relations website and will be archived for later listening until November 16, 2020. Medifast, known for its OPTAVIA® brand, focuses on health and wellness with a community of independent coaches supporting clients in developing healthy habits.
Positive
- Preparation for third-quarter earnings report may indicate strong business performance.
- Leadership engagement in financial results discussion enhances investor confidence.
Negative
- None.
Details
News Market Reaction – MED
The recorded move for MED in the trading session of this news was +1.09%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BALTIMORE, Oct. 20, 2020 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), the company behind one of the fastest-growing health and wellness communities, OPTAVIA®, will announce financial results for the third quarter ended September 30, 2020 on Monday, November 2, 2020, 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, Chief Executive Officer, and Jim Maloney, Chief Financial Officer.
The conference call is scheduled to begin at 4:30 p.m. ET on November 2, 2020. 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/1029/38071, and will be archived online through November 16, 2020. In addition, listeners may dial (855) 560-2579.
A telephonic playback will be available from 6:30 p.m. ET, November 2, 2020, through November 9, 2020. Participants can dial (877) 344-7529 to hear the playback and enter passcode 10148840.
About Medifast:
Medifast (NYSE: MED) is the company behind one of the fastest-growing health and wellness communities, OPTAVIA®, which offers 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 to develop holistic healthy habits through products and clinically proven plans, the Habits of Health® Transformational System and comprehensive support from a community of like-minded people. In 2019, Medifast expanded the OPTAVIA movement globally, beginning with the Asia-Pacific region. Medifast is traded on the New York Stock Exchange and was named to Fortune's 100 Fastest-Growing Companies list in 2019 and Forbes' 100 Most Trustworthy Companies in America list in 2016 and 2017. For more information, visit www.MedifastInc.com or www.OPTAVIA.com.
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SOURCE Medifast, Inc.
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