Liberator Medical Holdings Inc. (LBMH.OB) Posts Triple-Digit Increases in Revenue and Gross Profit
Liberator Medical Holdings Inc., a national provider of direct-to-consumer medical supplies to senior citizens eligible for Medicare, today announced its second-quarter financial results for the period ended March 31, 2009. The company posted revenues of $5.83 million, up an astounding 309% from the $1.43 million reported for the first quarter of 2008. Liberator Medical attributes the increase primarily to its mail advertising campaign targeting new customers. Gross profit for the quarter was $3.7 million, up 311% from the amount reported in the same period last year. Liberator Medical’s net income for the second quarter of 2009 was $94,947, or $0.00…