Retractable Technologies, Inc. designs, develops, manufactures, and markets safety syringes and other medical products for the healthcare industry in the United States, rest of North and South America, and internationally. It offers VanishPoint insulin syringes; tuberculin, insulin, and allergy antigen syringes; small diameter tube adapters; blood collection tube holder; allergy tray; IV safety catheter; Patient Safe syringes and Luer Caps; VanishPoint blood collection set; EasyPoint needles; and VanishPoint autodisable syringes. The company distributes its products through general line and specialty distributors, as well as through international distributors; and a direct marketing network. Retractable Technologies, Inc. was incorporated in 1994 and is headquartered in Little Elm, Texas.
IPO Year: 2001
Exchange: AMEX
Website: retractable.com
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4 - RETRACTABLE TECHNOLOGIES INC (0000946563) (Issuer)
4 - RETRACTABLE TECHNOLOGIES INC (0000946563) (Issuer)
4 - RETRACTABLE TECHNOLOGIES INC (0000946563) (Issuer)
4 - RETRACTABLE TECHNOLOGIES INC (0000946563) (Issuer)
4 - RETRACTABLE TECHNOLOGIES INC (0000946563) (Issuer)
4 - RETRACTABLE TECHNOLOGIES INC (0000946563) (Issuer)
4 - RETRACTABLE TECHNOLOGIES INC (0000946563) (Issuer)
4 - RETRACTABLE TECHNOLOGIES INC (0000946563) (Issuer)
4 - RETRACTABLE TECHNOLOGIES INC (0000946563) (Issuer)
4 - RETRACTABLE TECHNOLOGIES INC (0000946563) (Issuer)
4 - RETRACTABLE TECHNOLOGIES INC (0000946563) (Issuer)
4 - RETRACTABLE TECHNOLOGIES INC (0000946563) (Issuer)
4 - RETRACTABLE TECHNOLOGIES INC (0000946563) (Issuer)
4 - RETRACTABLE TECHNOLOGIES INC (0000946563) (Issuer)
4 - RETRACTABLE TECHNOLOGIES INC (0000946563) (Issuer)
4 - RETRACTABLE TECHNOLOGIES INC (0000946563) (Issuer)
4 - RETRACTABLE TECHNOLOGIES INC (0000946563) (Issuer)
4 - RETRACTABLE TECHNOLOGIES INC (0000946563) (Issuer)
4 - RETRACTABLE TECHNOLOGIES INC (0000946563) (Issuer)
4 - RETRACTABLE TECHNOLOGIES INC (0000946563) (Issuer)
8-K - RETRACTABLE TECHNOLOGIES INC (0000946563) (Filer)
8-K - RETRACTABLE TECHNOLOGIES INC (0000946563) (Filer)
10-K - RETRACTABLE TECHNOLOGIES INC (0000946563) (Filer)
DEFA14A - RETRACTABLE TECHNOLOGIES INC (0000946563) (Filer)
DEF 14A - RETRACTABLE TECHNOLOGIES INC (0000946563) (Filer)
8-K - RETRACTABLE TECHNOLOGIES INC (0000946563) (Filer)
8-K - RETRACTABLE TECHNOLOGIES INC (0000946563) (Filer)
8-K - RETRACTABLE TECHNOLOGIES INC (0000946563) (Filer)
10-Q - RETRACTABLE TECHNOLOGIES INC (0000946563) (Filer)
8-K - RETRACTABLE TECHNOLOGIES INC (0000946563) (Filer)
SC 13G/A - RETRACTABLE TECHNOLOGIES INC (0000946563) (Subject)
SC 13G/A - RETRACTABLE TECHNOLOGIES INC (0000946563) (Subject)
SC 13G/A - RETRACTABLE TECHNOLOGIES INC (0000946563) (Subject)
SC 13G/A - RETRACTABLE TECHNOLOGIES INC (0000946563) (Subject)
SC 13G/A - RETRACTABLE TECHNOLOGIES INC (0000946563) (Subject)
Retractable Technologies, Inc. (NYSE:RVP) reports that it has reduced its workforce by approximately 7%. The reduction is expected to save an estimated $1.6 million in annual wages and benefits, or approximately 7.8% of total estimated workforce costs. The expected savings is offset by one-time separation payments of approximately $300 thousand to the affected workers. Approximately 72% of the targeted payroll reduction affects general and administrative functions, with the remainder coming from manufacturing or manufacturing support positions. The move comes as the Company continues to allocate more of its resources to increase its U.S. manufacturing capabilities and reduce reliance on pr
Retractable Technologies, Inc. (NYSE: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 approximately $43.5 million in the prior year. Domestic revenues decreased 15.1% principally due to a decrease in the average selling price as a result of product mix, combined with higher transactional and order fulfillment costs with its distributors. I
Retractable Technologies, Inc. ("Retractable") (NYSE:RVP) announced today that its Board of Directors has declared dividends to holders of its Series II Class B and Series III Class B Convertible Preferred Stock in the amounts of $39,050.00 and $18,561.25, respectively. Dividends have accrued at $1.00 per share per annum. The dividends cover the period beginning January 1, 2025 through March 31, 2025. The dividends will be paid on April 21, 2025 to shareholders of record as of the close of business on April 10, 2025. Retractable manufactures and markets VanishPoint® and Patient Safe® safety medical products and the EasyPoint® needle. The VanishPoint® syringe, blood collection, and IV cathe
Retractable Technologies, Inc. (NYSE:RVP) ("RTI" or "Retractable") has withdrawn its complaint in the United States Court of International Trade against the defendants involved in the issuance of a 100% tariff on syringes and needles imported from China. As a result, the case was dismissed effective January 8, 2025. Initial investigations into the matter convinced RTI management that although the tariffs were not properly implemented, there was no chance of RTI being granted additional time to increase domestic production without tariffs and the chances of a small company prevailing against the interests of a large monopolistic corporation at this time in history were slim to none. Meanwh
Retractable Technologies, Inc. ("Retractable") (NYSE:RVP) announced today that its Board of Directors has declared dividends to holders of its Series II Class B and Series III Class B Convertible Preferred Stock in the amounts of $39,050.00 and $18,561.25, respectively. Dividends have accrued at $1.00 per share per annum. The dividends cover the period beginning October 1, 2024 through December 31, 2024. The dividends will be paid on January 20, 2025 to shareholders of record as of the close of business on January 10, 2025. Retractable manufactures and markets VanishPoint® and Patient Safe® safety medical products and the EasyPoint® needle. The VanishPoint® syringe, blood collection, and
Retractable Technologies, Inc. (NYSE:RVP) reports total net sales of $10.3 million for the third quarter of 2024 and an operating loss of $5.1 million for the period, as compared to total net sales for the same period last year of $10.3 million and an operating loss of $936 thousand. For the first nine months of the year, net sales were $24.0 million and operating losses were $13.9 million as compared to 2023 net revenues of $29.3 million and operating losses of $8.7 million. The decline in gross profit in the third quarter of 2024 was primarily due to a decrease in the average selling price, a drop in international sales, and rising production costs. The decline in international sales had
Retractable Technologies, Inc. ("Retractable") (NYSE:RVP) announced today that its Board of Directors has declared dividends to holders of its Series II Class B and Series III Class B Convertible Preferred Stock in the amounts of $39,050.00 and $18,561.25, respectively. Dividends have accrued at $1.00 per share per annum. The dividends cover the period beginning July 1, 2024 through September 30, 2024. The dividends will be paid on October 21, 2024 to shareholders of record as of the close of business on October 10, 2024. Retractable manufactures and markets VanishPoint® and Patient Safe® safety medical products and the EasyPoint® needle. The VanishPoint® syringe, blood collection, and IV
Retractable Technologies, Inc. (NYSE:RVP) announces that on September 26, 2024, it filed a complaint in the United States Court of International Trade against defendants involved in the issuance of a recent decision implementing a 100% tariff on syringes and needles imported from China, effective September 27, 2024. Such defendants include the United States of America, the Office of the United States Trade Representative, Trade Representative Katherine Tai, U.S. Customs & Border Protection, and U.S. Customs & Border Protection Acting Commissioner Troy Miller. Relief sought includes preliminary injunctions and, ultimately, a decision that the tariffs be set aside, as well as certain costs, f
Retractable Technologies, Inc. (NYSE:RVP) announces that on September 13, 2024, the Office of the United States Trade Representative ("USTR") revealed final adjustments to tariffs placed on Chinese imported syringes and needles. Despite initially proposing a 50% rate, the USTR set the tariff at 100% effective September 27, 2024. Retractable's competitor, Becton, Dickinson and Company ("BD"), requested an increase to "the maximum tariff level available" in its comment letter to the USTR. For the first half of 2024, our net revenues were $13.6 million with operating losses amounting to $8.7 million and 91% of our products were sourced from China. The new tariffs are expected to considerably
Retractable Technologies, Inc. (NYSE:RVP) reports total net sales of $6.0 million for 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 imp
LITTLE ELM, Texas--(BUSINESS WIRE)--Retractable Technologies, Inc. (NYSE American: RVP) announced today that its Board of Directors has declared dividends to holders of its Series I Class B and Series II Class B Convertible Preferred Stock in the amounts of $10,041 and $39,050, respectively. Over the entire accrual period, the dividend amount is $0.125 per share for Series I Class B shareholders and $0.25 per share for Series II Class B shareholders. Dividends have accrued at 10% per annum and cover amounts in arrears from October 1, 2020 through date of conversion or December 31, 2020 whichever is applicable. The dividends will be paid on January 29, 2021. All Series I Class B Conv
Retractable Technologies, Inc. ("Retractable") (NYSE:RVP) announced today that its Board of Directors has declared dividends to holders of its Series II Class B and Series III Class B Convertible Preferred Stock in the amounts of $39,050.00 and $18,561.25, respectively. Dividends have accrued at $1.00 per share per annum. The dividends cover the period beginning January 1, 2025 through March 31, 2025. The dividends will be paid on April 21, 2025 to shareholders of record as of the close of business on April 10, 2025. Retractable manufactures and markets VanishPoint® and Patient Safe® safety medical products and the EasyPoint® needle. The VanishPoint® syringe, blood collection, and IV cathe
Retractable Technologies, Inc. ("Retractable") (NYSE:RVP) announced today that its Board of Directors has declared dividends to holders of its Series II Class B and Series III Class B Convertible Preferred Stock in the amounts of $39,050.00 and $18,561.25, respectively. Dividends have accrued at $1.00 per share per annum. The dividends cover the period beginning October 1, 2024 through December 31, 2024. The dividends will be paid on January 20, 2025 to shareholders of record as of the close of business on January 10, 2025. Retractable manufactures and markets VanishPoint® and Patient Safe® safety medical products and the EasyPoint® needle. The VanishPoint® syringe, blood collection, and
Retractable Technologies, Inc. ("Retractable") (NYSE:RVP) announced today that its Board of Directors has declared dividends to holders of its Series II Class B and Series III Class B Convertible Preferred Stock in the amounts of $39,050.00 and $18,561.25, respectively. Dividends have accrued at $1.00 per share per annum. The dividends cover the period beginning July 1, 2024 through September 30, 2024. The dividends will be paid on October 21, 2024 to shareholders of record as of the close of business on October 10, 2024. Retractable manufactures and markets VanishPoint® and Patient Safe® safety medical products and the EasyPoint® needle. The VanishPoint® syringe, blood collection, and IV
Retractable Technologies, Inc. ("Retractable") (NYSE:RVP) announced today that its Board of Directors has declared dividends to holders of its Series II Class B and Series III Class B Convertible Preferred Stock in the amounts of $39,050.00 and $18,561.25, respectively. Dividends have accrued at $1.00 per share per annum. The dividends cover the period beginning April 1, 2024 through June 30, 2024. The dividends will be paid on July 22, 2024 to shareholders of record as of the close of business on July 10, 2024. Retractable manufactures and markets VanishPoint® and Patient Safe® safety medical products and the EasyPoint® needle. The VanishPoint® syringe, blood collection, and IV catheter
Retractable Technologies, Inc. ("Retractable") (NYSE:RVP) announced today that its Board of Directors has declared dividends to holders of its Series II Class B and Series III Class B Convertible Preferred Stock in the amounts of $39,050.00 and $18,561.25, respectively. Dividends have accrued at $1.00 per share per annum. The dividends cover the period beginning January 1, 2024 through March 31, 2024. The dividends will be paid on April 22, 2024 to shareholders of record as of the close of business on April 10, 2024. Retractable manufactures and markets VanishPoint® and Patient Safe® safety medical products and the EasyPoint® needle. The VanishPoint® syringe, blood collection, and IV cath
Retractable Technologies, Inc. ("Retractable") (NYSE:RVP) announced today that its Board of Directors has declared dividends to holders of its Series II Class B and Series III Class B Convertible Preferred Stock in the amounts of $39,050.00 and $18,561.25, respectively. Dividends have accrued at $1.00 per share per annum. The dividends cover the period beginning October 1, 2023 through December 31, 2023. The dividends will be paid on January 22, 2024 to shareholders of record as of the close of business on January 10, 2024. Retractable manufactures and markets VanishPoint® and Patient Safe® safety medical products and the EasyPoint® needle. The VanishPoint® syringe, blood collection, and
Retractable Technologies, Inc. ("Retractable") (NYSE:RVP) announced today that its Board of Directors has declared dividends to holders of its Series II Class B and Series III Class B Convertible Preferred Stock in the amounts of $39,050.00 and $19,061.25, respectively. Dividends have accrued at $1.00 per share per annum. The dividends cover the period beginning July 1, 2023 through September 30, 2023. The dividends will be paid on October 20, 2023 to shareholders of record as of the close of business on October 10, 2023. Retractable manufactures and markets VanishPoint® and Patient Safe® safety medical products and the EasyPoint® needle. The VanishPoint® syringe, blood collection, and IV
Retractable Technologies, Inc. ("Retractable") (NYSE:RVP) announced today that its Board of Directors has declared dividends to holders of its Series II Class B and Series III Class B Convertible Preferred Stock in the amounts of $39,050.00 and $19,061.25, respectively. Dividends have accrued at $1.00 per share per annum. The dividends cover the period beginning April 1, 2023 through June 30, 2023. The dividends will be paid on July 20, 2023 to shareholders of record as of the close of business on July 10, 2023. Retractable manufactures and markets VanishPoint® and Patient Safe® safety medical products and the EasyPoint® needle. The VanishPoint® syringe, blood collection, and IV catheter
Retractable Technologies, Inc. ("Retractable") (NYSE:RVP) announced today that its Board of Directors has declared dividends to holders of its Series II Class B and Series III Class B Convertible Preferred Stock in the amounts of $39,050.00 and $19,061.25, respectively. Dividends have accrued at $1.00 per share per annum. The dividends cover the period beginning January 1, 2023 through March 31, 2023. The dividends will be paid on April 20, 2023 to shareholders of record as of the close of business on April 10, 2023. Retractable manufactures and markets VanishPoint® and Patient Safe® safety medical products and the EasyPoint® needle. The VanishPoint® syringe, blood collection, and IV cathe
Retractable Technologies, Inc. ("Retractable") (NYSE:RVP) announced today that its Board of Directors has declared dividends to holders of its Series II Class B and Series III Class B Convertible Preferred Stock in the amounts of $39,050.00 and $19,061.25, respectively. Dividends have accrued at $1.00 per share per annum. The dividends cover the period beginning October 1, 2022 through December 31, 2022. The dividends will be paid on January 20, 2023 to shareholders of record as of the close of business on January 10, 2023. Retractable manufactures and markets VanishPoint® and Patient Safe® safety medical products and the EasyPoint® needle. The VanishPoint® syringe, blood collection, and I