Published on October 28, 2009 at 5:46 AM
Liberator Medical Holdings, Inc. (OTCBB: LBMH) today pre-announces record net revenues of approximately $7.7 million for its fiscal fourth quarter ended September 30, 2009, representing an annualized revenue run rate of over $30.0 million.
Net revenues for the fourth quarter 2009 increased 81% from $4.25 million for the quarter ended September 30, 2008 and up 11% sequentially from $6.95 million for the quarter ended June 30, 2009. Net revenues for the fiscal year ending September 30, 2009 increased 170% from $9.55 million for the year ended September 30, 2008 to $25.82 million for the year ended September 30, 2009.
Mark Libratore, the Company's President and CEO, commented, "We are very pleased with the Company's continued growth and positive results for the quarter and the twelve months ended September 30, 2009. We attribute our success to our substantial advertising campaign, exceptional customer service and recurring revenue model."
SOURCE: Liberator Medical Holdings, Inc.