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Medifast, Discovery Communications Tops among Fortune’s 100 Fastest Growing Companies - cbl
Posted September 12, 2011
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Michael McDevitt
By Brian Wolak
OWINGS MILLS, Md. and SILVER SPRING, Md. -- A pair of Maryland companies cracked the top 10 in Fortune's Top 100 fastest growing companies for 2011.
Medifast (NYSE:MED) placed fifth overall followed by Discovery Communications (Nasdaq:DISCA) at seventh.
Medifast, an Owings Mills-based weight loss program, moved up 24 spots from last year while nonfiction media company Discovery Communications' placement marks its debut.
Also making Fortune's list were Silver-Spring-based United Therapeutics (Nasdaq:UTHR), ranked 43, and Rockville-based Catalyst Health Solutions (Nasdaq:CHSI), ranked 100.
Here's a look at the numbers provided by Fortune (three-year averages):
Medifast
Led by CEO Michael McDevitt
Revenue Growth: 49%
Profit Growth: 87%
Total Return: 65%
Discovery Communications
Led by President and CEO David Zaslav
Revenue Growth: 105%
Profit Growth: 79%
Total Return: 28%
United Therapeutics
Led by Chairman and CEO Martine Rothblatt
Revenue Growth: 41%
Profit Return: 50%
Total Return: 4%
Catalyst Health Solutions
Led by CEO David Blair
Revenue Growth: 23%
Profit Growth: 26%
Total Return: 23%
To see Fortune's entire list of 100 companies, go here: http://tinyurl.com/6cygjwl
Discovery Communications

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