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Medifast's (MED) CEO Dan Chard on Q4 2017 Results - Earnings Call Transcript

Mar. 06, 2018 9:54 PM ETMedifast, Inc. (MED) Stock
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Medifast, Inc. (NYSE:MED) Q4 2017 Earnings Conference Call March 6, 2018 4:30 PM ET


Katie Turner - ICR

Dan Chard - CEO

Tim Robinson - CFO


Linda Bolton Weiser - DA Davidson

Frank Camma - Sidoti

Doug Lane - Lane Research


Good day and welcome to the Medifast Fourth Quarter 2017 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Katie Turner with ICR. Please go ahead.

Katie Turner

Good afternoon. And welcome to Medifast fourth quarter and full year 2017 earnings conference call. On the call with me today are Daniel Chard, Chief Executive Officer, and Timothy Robinson, Chief Financial Officer.

By now, everyone should have access to the earnings release for the period ending December 31, 2017 that went out this afternoon at approximately 4:05 PM Eastern Time. If you've not received the release, it is available on the Investor Relations portion of Medifast website at www.medifastnow.com. This call is being webcast and the replay will be available on the company's website.

Before we begin, we would like to remind everyone that prepared remarks contain forward-looking statements and management may make additional forward-looking statements in response to your questions. The words believes, expects, anticipate and other similar expressions generally identifies forward-looking statements. These statements do not guarantee future performance and therefore undue reliance should not be placed on them.

Actual results could differ materially from those projected in any forward-looking statements. Medifast assumes no obligation to update any forward-looking projection that maybe made in today's release or on the call. All the forward-looking statements contained herein speak only as of the date of today's

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