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Retractable Technologies, Inc. Reports Results for 2024

1. Retractable Technologies, Inc. reports a 24.2% decline in 2024 revenues to $33 million.

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+0.29%Current Return
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+0.63%S&P 500
$0.701503/28 05:21 PM EDTEvent Start
$0.703503/31 05:23 PM EDTLatest Updated
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FAQ

Why Bearish?

A significant revenue decline often leads to investor concern, as seen in 2020 with RVP's performance. Historical trends show that sharp drops in revenue typically result in lower stock prices.

How important is it?

The decline in revenue directly impacts RVP's financial health and market perception, creating immediate concerns for investors.

Why Short Term?

Immediate market perception could lead to quick sell-offs before any long-term recovery strategies are established, similar to RVP's past quarterly results impacts.

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RVP
LITTLE ELM, Texas--(BUSINESS WIRE)--Retractable Technologies, Inc. (NYSE American: RVP) reports the following information relating to the year ended December 31, 2024. Further details concerning the results of operations as well as other matters are available in Retractable's Form 10-K filed on March 28, 2025 with the U.S. Securities and Exchange Commission. The Company's revenues for 2024 decreased 24.2%. The Company's revenues were approximately $33.0 million in 2024 as compared to approximat.

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