Liberator Medical Reports Revenue of $19.7 Million and Net Income of $1.7 Million, or $0.03 per Share, for the 3 Months Ended March 31, 2015
The Company Reports Revenue Growth of 11.7% for the Three Months Ended March 31, 2015, Compared to the Same Period in 2014
STUART, FL -- (Marketwired) -- 05/11/15 -- Liberator Medical Holdings, Inc. (NYSE MKT: LBMH) today announced the financial results for its fiscal second quarter ended March 31, 2015. Net sales for the three months ended March 31, 2015, increased by $2,055,000, or 11.7%, to $19,674,000, compared with net sales of $17,619,000 for the three months ended March 31, 2014. Net sales for the six months ended March 31, 2015, increased by $3,634,000, or 10.0%, to $39,890,000, compared with net sales of $36,256,000 for the six months ended March 31, 2014. The increase in net sales was primarily due to Liberator's continued emphasis on its direct response advertising campaign to acquire new customers and its emphasis on customer service to maximize the retention of its existing customers.
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