The company reported a 73% increase in second quarter earnings to $1.6 million and a 25% increase in revenue to $27.5 million. On a diluted earnings per share basis, earnings increased 57% to 11 cents from 7 cents last year. Gross margins improved by 20 basis points to 75.8%... read more
Weight management company Medifast (MED) posted a gain of 52.67% for the month of August, rising from $5.43 to $8.29 per share. This stock has a long history with Medifast from the time it was $5.39 in December 2005, taking profits of over 230% on 3/4th of our position when the... read more
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