Retractable Technologies, Inc. Results for the Periods Ended June 30, 2024 [Yahoo! Finance]
Retractable Technologies, Inc. (RVP)
NASDAQ:AMEX Investor Relations:
retractable.com/investor_relations
Company Research
Source: Yahoo! Finance
the second quarter of 2024 and an operating loss of $5.8 million for the period, as compared to total net sales for the same period last year of $8.0 million and an operating loss of $5.0 million. For the first half of the year, net sales were $13.6 million and operating losses were $8.7 million as compared to 2023 net revenues of $19.0 million and operating losses of $7.8 million. In the three months ended June 30, 2024, declines in domestic demand were a primary factor in Retractable's lower revenues and in the six months ended June 30, 2024, lower international vaccination-related sales had a larger impact on lower revenues. In May 2024, a new 50% tariff on syringes and needles imported from China was proposed but has not yet been enacted. A final determination regarding the tariffs is expected later this month and the rules would likely take effect within two weeks thereof. For the first six months of 2024, 91% of Retractable's products were purchased from China, most of which w
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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
- 11/4/24 - Form 4
- 11/1/24 - Form 4
- 10/25/24 - Form 4
- RVP's page on the SEC website