BALTIMORE (AP) — BALTIMORE (AP) — Medifast Inc. (MED) on Monday reported a loss of $2.3 million in its third quarter.
The Baltimore-based company said it had a loss of 21 cents per share.
The weight-loss company posted revenue of $89.4 million in the period.
For the current quarter ending in December, Medifast said it expects revenue in the range of $65 million to $80 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MED at https://www.zacks.com/ap/MED