Optavia news and press releases
Company announcements, direct sales updates and archived press coverage for Optavia.
Optavia news archive
Optavia Parent Second Quarter Revenue Falls 35 Percent to 296 Million
BALTIMORE, August 7, 2023 -- Medifast, Inc., parent of OPTAVIA, reported second-quarter 2023 revenue of 296.2 million dollars, down 34.7 percent from 453.3 million dollars a year earlier. Independent active earning OPTAVIA Coaches fell 21.9 percent to 53,100, and revenue per active earning coach...
Optavia Parent First Quarter Revenue Falls 16 Percent to 349 Million
BALTIMORE, May 1, 2023 -- Medifast, Inc., parent of OPTAVIA, reported first-quarter 2023 revenue of 349.0 million dollars, down 16.4 percent from 417.6 million dollars a year earlier. Independent active earning OPTAVIA Coaches fell 8.1 percent to 58,700, and revenue per active earning coach fell...
Optavia Parent Fourth Quarter Revenue Falls 11 Percent to 337.2 Million
BALTIMORE, February 21, 2023 -- Medifast, Inc., parent of OPTAVIA, reported fourth-quarter 2022 revenue of 337.2 million dollars, down 10.7 percent from 377.8 million dollars a year earlier. Independent active earning OPTAVIA Coaches rose 1.8 percent to 60,900, while revenue per active earning...
Optavia Parent Third Quarter Revenue Falls 6 Percent; Cuts Full-Year Outlook
Medifast, parent of the OPTAVIA coach-based weight management brand, reported third-quarter 2022 revenue of 390.4 million dollars, down 5.6 percent from a year earlier. Net income was 36.2 million dollars, or 3.27 dollars per diluted share, compared with 3.56 dollars, and adjusted EPS was 3.32...
Optavia Parent Second Quarter Revenue Rises 15 Percent; Cuts Full-Year Outlook
Medifast, the parent of OPTAVIA, said second-quarter 2022 revenue rose 15.0 percent to 453.3 million dollars. Net income was 39.1 million dollars, or 3.42 dollars per diluted share. Adjusted net income was 44.3 million dollars, or 3.87 dollars per diluted share. Active earning OPTAVIA Coaches rose...
Optavia Parent First Quarter Revenue Rises 22.6 Percent to 417.6 Million
Medifast, the parent of OPTAVIA, said first-quarter 2022 revenue rose 22.6 percent to 417.6 million dollars. Net income was 41.8 million dollars, or 3.59 dollars per diluted share. Active earning OPTAVIA Coaches rose 21.7 percent to 63,900, and revenue per active earning coach rose 1.3 percent to...
Optavia Parent Fourth Quarter Revenue Rises 42.6 Percent to 377.8 Million
Medifast, the parent of Optavia, said fourth-quarter 2021 revenue rose 42.6 percent to 377.8 million dollars. Active earning Optavia coaches rose 35.3 percent to 59,800, and average revenue per active earning coach rose 6.6 percent to 6,321 dollars. Full-year revenue rose 63.2 percent to 1.526...
Optavia Parent Third Quarter Revenue Rises 52.3 Percent to 413.4 Million
Medifast, the parent of Optavia, reported third quarter revenue of 413.4 million dollars, up 52.3 percent from 271.5 million dollars. Active earning Optavia coaches rose 44.9 percent to a record 61,000. Revenue per active earning coach rose 7 percent to 6,773 dollars. Net income rose 21.9 percent...
Optavia Coaches Reach a Record 59200 as Quarterly Revenue Jumps 79.2 Percent
Medifast, the parent of Optavia, reported second-quarter revenue of 394.2 million dollars, up 79.2 percent from 220.0 million dollars. Net income rose 114.1 percent to 47.0 million dollars. Diluted earnings were 3.96 dollars a share, up 112.9 percent. Active earning Optavia coaches rose 62.2...
Optavia Coaches Hit a Record 52500 as Quarterly Revenue Jumps 90.9 Percent
Medifast, the parent of Optavia, reported first-quarter revenue of 340.7 million dollars, up 90.9 percent from a year earlier. Net income rose 122.2 percent to 41.1 million dollars, or 3.46 dollars a share. Active earning Optavia coaches rose 61.0 percent to a record 52,500, and average revenue per...