Retractable Technologies, Inc. Reports Results for 2023
Retractable Technologies, Inc. (RVP)
NASDAQ:AMEX Investor Relations:
retractable.com/investor_relations
Company Research
Source: Business Wire
LITTLE ELM, Texas--(BUSINESS WIRE)--Retractable Technologies, Inc. (NYSE American: RVP) reports the following information relating to the year ended December 31, 2023. Further details concerning the results of operations as well as other matters are available in Retractable’s Form 10-K filed on March 29, 2024 with the U.S. Securities and Exchange Commission.Our revenues for 2023 decreased 54.0% as domestic and international COVID-19 vaccination sales decreased. We had revenues of approximately $43.6 million as compared to approximately $94.8 million in the prior year. Domestic revenues decreased 33.7% and international revenues decreased 78.9%. In addition to the decline in demand for COVID-19 vaccination products, we experienced a decline in demand which may be due to customer retention of inventory from prior periods. Cost of manufactured product decreased 49.0% due to a decline in units sold and operating expenses decreased 29.2% primarily due to the lack of stock option expens
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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
- 4/29/24 - Form 4
- 4/18/24 - Form 4
- 4/16/24 - Form 4
- RVP's page on the SEC website