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MEDIFAST NEWS RELEASE Medifast , Inc. Announces Third Quarter 2021 Financial Results 2021-11-04 BALTIMORE , Nov. 4 , 2021 / PRNewswire / -- Medifast , Inc. ( NYSE : MED ) , the global company behind one of the fastest - growing health and wellness communities , OPTAVIA® , today reported results for the third quarter ended September 30 , 2021 . Third Quarter 2021 Highlights Compared to the Prior - Year Period . Revenue increased 52.3 % to $ 413.4 million • 44.9 % growth in active earning OPTAVIA Coaches to a record level of 61,000 • Revenue per active earning OPTAVIA Coach increased 7.0 % to new high of $ 6,773 Net income increased 21.9 % to $ 42.0 million Earnings per diluted share ( " EPS " ) of $ 3.56 , an increase of 22.3 % " We saw continued strong momentum during the third quarter , reflecting our ongoing success in offering a differentiated and personalized health and wellness program to a growing community of clients across the United States and Asia Pacific . " said Dan Chard , Chairman & Chief Executive Officer of Medifast . " We have more active earning OPTAVIA Coaches than at any point in our history and they continue to support more clients than ever before . Our business remains on track to take advantage of the growth opportunity that lies ahead , as we develop unique digital tools to support our Coach - driven program that guides OPTAVIA clients on their health and wellness journey . Our clinically proven plans and scientifically designed products remain in high demand , and the powerful platform we have built puts us in a strong position for sustained long - term success . " 1