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Retractable Technologies: Q1 Earnings Snapshot

·1 min read

LITTLE ELM, Texas (AP) _ Retractable Technologies Inc. (RVP) on Monday reported first-quarter profit of $18 million.

The Little Elm, Texas-based company said it had profit of 52 cents per share.

The syringe and medical products maker posted revenue of $50.1 million in the period.

Retractable Technologies shares have fallen 12% since the beginning of the year. In the final minutes of trading on Monday, shares hit $9.48, a climb of 86% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RVP at https://www.zacks.com/ap/RVP

The Associated Press

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