Boston, MA, 02/15/2012 – Liberator Medical Holdings, Inc. (OTC:LBMH) is trading at $1.02 up more than 5% from open today morning. The research time at usastockreport.com was taken by surprise when we noticed no significant increase in trading activity after the company announced the financial results for its first fiscal quarter ended December 31, 2012. The company sales were simply outstanding.
According to a press release issues on Feb14th, Sales for the quarter ended December 31, 2012 increased by $2,755,000, or 18.6%, to $17,551,000, compared with sales of $14,796,000 for the quarter ended December 31, 2011. The increase in sales was due to the Company’s continued direct response advertising campaign to acquire new customers and strong reorder rates from its recurring customer base during the last quarter of the calendar year. Liberator’s direct response advertising expenditure for the quarter ended December 31, 2012, was $2.8 million, compared with $2.7 million for the quarter ended December 31, 2011.
More info on the press release can be found at HERE.
Our team did not find any investors awareness program running on LBMH except for a VIP alert sent out by thepennystockhero.com and www.premierestockalerts.com on Feb 13th. More than 13K shares have traded hands today.
Liberator Medical Holdings, Inc.’s subsidiary, Liberator Medical Supply, Inc., established the Liberator brand as a leading national direct-to-consumer provider of quality medical supplies to Medicare-eligible seniors. An Exemplary Providerm accredited by The Compliance Team, its unique combination of marketing, industry expertise and customer service has demonstrated success over a broad spectrum of chronic conditions. Liberator is recognized for offering a simple, reliable way to purchase medical supplies needed on a regular, ongoing, repeat-order basis, with the convenience of direct billing to Medicare and private insurance. Liberator’s revenue primarily comes from supplying products to meet the rapidly growing requirements of general medical supplies, personal mobility aids, diabetes supplies, catheters, ostomy supplies and mastectomy fashions. Liberator communicates with patients and their doctors on a regular basis regarding prescriptions and supplies. Customers may purchase by phone, mail or internet, with repeat orders confirmed with the customer and shipped when needed.