Liberator Medical Holdings (LBHM.OB) Posts Impressive Q2 Sales Increase
Liberator Medical Holdings Inc., parent company to medical supplies provider Liberator Medical Supply Inc., yesterday posted its second-quarter results for the three-month period ended March 31, 2010. The company reported net revenues of $9.65 million for its second fiscal quarter ended March 31, 2010, up 65.6 percent from $5.82 million for the same quarter of fiscal 2009. The company attributes the increase to its direct response advertising campaign. Net income for the three months ended March 31, 2010, increased 169% to $256,000 compared to net income of $95,000 for the three months ended March 31, 2009. Gross profit for the…