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Retractable Technologies, Inc. Reports Results for 2024

1. Retractable Technologies, Inc. reported a 24.2% revenue decrease for 2024. 2. The company's revenue was approximately $33.0 million.

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Why Very Bearish?

A significant revenue drop of 24.2% signals potential financial distress, similar occurrences in past quarters have negatively affected stock prices.

How important is it?

The revenue decline is substantial enough to trigger immediate concern among investors, affecting their perception and investment decisions regarding RVP.

Why Short Term?

Immediate investor reactions to the revenue decline may lead to short-term price drops, reflecting market sensitivity to such news.

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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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