Press Release:
“We are extremely pleased with our 2006 year end revenues which exceeded our previously reported financial revenues guidance expectations of $70 to $72 million. 2006 was a fantastic year for our company as was recognized by Forbes Magazine listing Medifast 28th of the top 200 small companies in the United States. Our business was driven by our innovative business model, which offers consumers options when choosing our clinically proven products, support services and business opportunities. In 2006, we concentrated our efforts on expanding these models and building internal infrastructure to support future growth,” said Michael S. McDevitt, President and CFO.
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