Liberator Medical Holdings Inc. (LBMH.OB) Reports Impressive, Record Results for Fiscal Q1
Liberator Medical Holdings Inc. posted record results for its fiscal first quarter ended December 31, 2009, reporting an impressive 70-percent revenue increase. The company’s revenue primarily comes from its general medical supplies products for personal mobility aids, diabetes, urological, ostomy and mastectomy patients, which can be purchased via phone, mail or Internet. Revenues for the three months ended December 31, 2009 rose 71.4 percent to $9.15 million, compared to $5.34 million the same period of 2008, fueled by the company’s direct-response advertising campaign targeting new mail order customers. The cost of advertising for the three months was $2.03 million, up…