Retractable Technologies, Inc. Results for the Period Ended March 31, 2024 [Yahoo! Finance]
Retractable Technologies, Inc. (RVP)
NASDAQ:AMEX Investor Relations:
retractable.com/investor_relations
Company Research
Source: Yahoo! Finance
the first three months of 2024 and an operating loss of nearly $3.0 million for the period, as compared to total net sales for the same period last year of $11.0 million and an operating loss of $2.7 million. The differences in the revenues and operating losses are largely due to the lack of syringe sales to the international market for COVID-19 vaccination efforts in the first quarter of 2024 as compared to a high volume of such sales in the first quarter of 2023. Operating expenses decreased 12.9% as compared to the prior year due in part to a significant reduction in property tax expense as a result of newly enacted legislation. Unrealized gains on investments were a significant factor in the computation of net income for the first quarter of 2024. Retractable reports that domestic demand may be depressed due to the retention of products previously provided for vaccination purposes in customers' inventory. Retractable's Form 10-Q filed on May 15, 2024 additionally reports that a
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RVP
News
- Retractable Technologies, Inc. (NYSE: RVP) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Retractable Technologies, Inc. (NYSE: RVP) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Retractable Technologies, Inc. (NYSE: RVP) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Retractable Technologies, Inc. (NYSE: RVP) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Retractable Technologies, Inc. (NYSE: RVP) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
RVP
Sec Filings
- 6/20/24 - Form 4
- 6/5/24 - Form 4
- 5/30/24 - Form 4
- RVP's page on the SEC website