Liberator Medical reports revenues of $69.1M

Thursday, December 26, 2013

STUART, Fla. – Net sales for Liberator Medical Holdings were up 13.4% and operating income was up 173% in the fiscal year ended Sept. 30, 2013, the company announced Dec. 23. Net sales were about $69.1 million; operating income was about $11.8 million. Liberator Medical, which began trading on the New York Stock Exchange in November, plans to continue 1.) using direct response advertising to maximize profitability and cash flow; and 2.) exploring potential acquisition targets to acquire new customers, according to the release.