Retractable Technologies Inc (A:RVP)

Business Focus: Medical Equipment, Supplies & Distribution

Mar 29, 2024 03:20 pm ET
Retractable Technologies, Inc. Reports Results for 2023
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.
Mar 29, 2024 03:15 pm ET
Retractable Technologies, Inc. Declares Dividends to Series II and III Class B Preferred Stock Shareholders
Retractable Technologies, Inc. (“Retractable”) (NYSE American: 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.
Dec 29, 2023 01:06 pm ET
Retractable Technologies, Inc. Declares Dividends to Series II and III Class B Preferred Stock Shareholders
Retractable Technologies, Inc. (“Retractable”) (NYSE American: 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.
Dec 01, 2023 05:26 pm ET
Retractable Technologies, Inc. Not Impacted by FDA Safety Communication
Retractable Technologies, Inc. (NYSE American: RVP) reports that the FDA Safety Communication “Evaluating Plastic Syringes Made in China for Potential Device Failures” on November 30, 2023 does not refer to syringes from Retractable Technologies Inc. The FDA identified quality issues related to “leaks, breakage, and other problems after manufacturers made changes to the syringe dimensions.” Retractable Technologies has not incorporated any recent changes to the dimensions of the syringe barrel on its gold-standard VanishPoint Safety Syringe. VanishPoint users can continue to be confident not o
Nov 14, 2023 04:46 pm ET
Retractable Technologies, Inc. Results for the Periods Ended September 30, 2023
Retractable Technologies, Inc. (NYSE American: RVP) reports that its loss from operations was $8.7 million for the first nine months of 2023 and that it had an operating loss of $936 thousand for the third quarter of 2023, as compared to an operating income for the same periods last year of $7.0 million for the first nine months of 2022 and an operating loss of $691 thousand for the third quarter of 2022. Total net sales were $10.3 million for the three months ended September 30, 2023 and $29.3 million for the nine months ended September 30, 2023. In comparison, total net sales were $23.1 mill
Sep 29, 2023 11:48 am ET
Retractable Technologies, Inc. Declares Dividends to Series II and III Class B Preferred Stock Shareholders
Retractable Technologies, Inc. (“Retractable”) (NYSE American: 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.
Aug 14, 2023 02:51 pm ET
Retractable Technologies, Inc. Results for the Period Ended June 30, 2023
Retractable Technologies, Inc. (NYSE American: RVP) reports total net sales of $8.0 million for the second quarter of 2023 and an operating loss of $5.0 million for the second quarter, as compared to total net sales for the same quarter last year of $14.3 million and an operating loss of $2.1 million. For the first half of the year, 2023 net revenues were $19.0 million and operating losses were $7.8 million as compared to 2022 net revenues of $59.1 million and operating income of $7.7 million. The differences in the revenues and operating income or loss are largely due to lower sales related t
Jun 30, 2023 01:12 pm ET
Retractable Technologies, Inc. Declares Dividends to Series II and III Class B Preferred Stock Shareholders
Retractable Technologies, Inc. (“Retractable”) (NYSE American: 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.
May 15, 2023 05:16 pm ET
Retractable Technologies, Inc. Results for the Period Ended March 31, 2023
Retractable Technologies, Inc. (NYSE American: RVP) reports total net sales of $11.0 million for the first three months of 2023 and an operating loss of $2.7 million for the period, as compared to total net sales for the same period last year of $44.7 million and an operating income of $9.7 million. The differences in the revenues and operating income or loss are largely due to the lack of syringe sales to the U.S. government for COVID-19 vaccination efforts. In the first quarter of 2023, Retractable invested approximately 33% more in sales and marketing expenses, primarily in travel and trade
Mar 31, 2023 12:51 pm ET
Retractable Technologies, Inc. Declares Dividends to Series II and III Class B Preferred Stock Shareholders
Retractable Technologies, Inc. (“Retractable”) (NYSE American: 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.
Mar 30, 2023 05:33 pm ET
Retractable Technologies, Inc. Reports Results For 2022
Retractable Technologies, Inc. (NYSE American: RVP) reports the following information relating to the year ended December 31, 2022. Further details concerning the results of operations as well as other matters are available in Retractable’s Form 10-K filed on March 30, 2023 with the U.S. Securities and Exchange Commission.
Mar 27, 2023 05:36 pm ET
Retractable Technologies, Inc. Announces Workforce Reduction
Retractable Technologies, Inc. (NYSE American: RVP) reports that it has reduced its workforce by approximately 22%. The reduction is due to the decreased need for domestic production and production support personnel. The staff reduction primarily affects the Company’s production, operations, and logistics departments. The reduction will result in an overall annualized savings of approximately $1.7 million, or 13% in annualized payroll expense, offset by separation costs which are expected to be approximately $154 thousand. The Company expects that it will be able to meet its current level of d
Dec 29, 2022 03:09 pm ET
Retractable Technologies, Inc. Reports Private Stock Repurchase
Retractable manufactures and markets VanishPoint® and Patient Safe® safety medical products and the EasyPoint® needle. The VanishPoint® syringe, blood collection, and IV catheter products are designed to prevent needlestick injuries and product reuse by retracting the needle directly from the patient, effectively reducing exposure to the contaminated needle. Patient Safe® syringes are uniquely designed to reduce the risk of bloodstream infections resulting from catheter hub contamination. The EasyPoint® is a retractable needle t
Dec 28, 2022 04:41 pm ET
Retractable Technologies, Inc. Declares Dividends to Series II and III Class B Preferred Stock Shareholders
Retractable Technologies, Inc. (“Retractable”) (NYSE American: 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.
Dec 15, 2022 01:09 pm ET
Retractable Technologies, Inc. Reports Stock Price Anomalies
Retractable Technologies, Inc. (NYSE American: RVP) issues this press release to express the Company’s concern regarding stock price anomalies in its Common Stock and disclose actions taken to date. Concerned about possible market manipulation, the Company engaged an independent highly reputable economic consulting firm in 2021 which analyzed millions of trades in the Company’s stock in recent years. This in-depth analysis, costing the Company over $600 thousand, confirmed that there were statistically significant anomalies in the market’s reaction to the Company’s positive disclosures, meanin
Nov 14, 2022 04:57 pm ET
Retractable Technologies, Inc. Results for the Periods Ended September 30, 2022
Retractable Technologies, Inc. (NYSE American: RVP) reports that its operating income was $7.0 million for the first nine months of 2022 and that it had an operating loss of $691 thousand for the third quarter of 2022, as compared to an operating income for the same periods last year of $44.1 million for the first nine months of 2021 and an operating income of $8.0 million for the third quarter of 2021. Total net sales were $23.1 million for the three months ended September 30, 2022 and $82.1 million for the nine months ended September 30, 2022. In comparison, total net sales were $36.4 millio
Sep 30, 2022 02:35 pm ET
Retractable Technologies, Inc. Declares Dividends to Series II and III Class B Preferred Stock Shareholders
Retractable Technologies, Inc. (“Retractable”) (NYSE American: 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, 2022 through September 30, 2022. The dividends will be paid on October 21, 2022 to shareholders of record as of the close of business on October 11, 2022.
Aug 15, 2022 05:06 pm ET
Retractable Technologies, Inc. Results for the Periods Ended June 30, 2022
Retractable Technologies, Inc. (NYSE American: RVP) reports that its operating income was $7.7 million for the first six months of 2022 and that it had an operating loss of $2.1 million for the second quarter of 2022, as compared to an operating income for the same periods last year of $36.1 million for the first six months of 2021 and an operating income of $12.7 million for the second quarter of 2021. Total net sales were $14.3 million for the three months ended June 30, 2022 and $59.1 million for the six months ended June 30, 2022. In comparison, total net sales were $42.5 million for the t
Jun 30, 2022 01:14 pm ET
Retractable Technologies, Inc. Declares Dividends to Series II and III Class B Preferred Stock Shareholders
Retractable Technologies, Inc. (“Retractable”) (NYSE American: 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, 2022 through June 30, 2022. The dividends will be paid on July 21, 2022 to shareholders of record as of the close of business on July 11, 2022.
Jun 06, 2022 04:24 pm ET
Retractable Technologies, Inc. Announces Reduction in Workforce
Retractable Technologies, Inc. (NYSE American: RVP) reports that it has reduced its workforce by approximately 16% as a result of the substantial completion of its facility expansion efforts and the completion of U.S. government orders to provide its products for COVID-19 vaccination efforts. The staff reduction primarily affects its production, operations and logistics departments. The reduction will result in an overall annualized savings of approximately $2.1 million dollars, or 13% in annual payroll expense, and separation costs are expected to be approximately $200 thousand. The company e
May 17, 2022 12:53 pm ET
Retractable Technologies, Inc. Reports $9.7 Million in Operating Income for the First Three Months Of 2022
Retractable Technologies, Inc. (NYSE American: RVP) reports that its operating income was $9.7 million for the first three months of 2022, compared to an operating income for the same period last year of $23.4 million. Net sales were $44.7 million for the first quarter of 2022 as compared to $50.1 million for the first quarter of 2021, reflecting lower revenues from the U.S. government and higher international revenues related to COVID-19 vaccination efforts. The U.S. government remained a significant customer for the first quarter of 2022, constituting $15.7 million in net sales as compared t
Apr 18, 2022 05:06 pm ET
Retractable Technologies, Inc. Announces Termination of Buyback Plan
Retractable Technologies, Inc. (NYSE American: RVP) reports that, effective April 14, 2022, it has terminated its Rule 10b5-1/10b-18 Repurchase Plan dated June 4, 2021. Since June 2021, Retractable has purchased a total of 1,087,145 shares for approximately $8.1 million under the Plan. The Board of Directors determined to cancel the plan because the stock price appears not to be correlated with the economic performance of the corporation at this time. This determination to terminate the repurchase plan was made despite the fact that the stock is trading at a discount: our current market capita
Mar 31, 2022 04:00 pm ET
Retractable Technologies, Inc. Reports Results for 2021
Retractable Technologies, Inc. (NYSE American: RVP) reports the following information relating to the year ended December 31, 2021. Further details concerning the results of operations as well as other matters are available in Retractable’s Form 10-K filed on March 31, 2022 with the U.S. Securities and Exchange Commission.
Dec 29, 2021 12:28 pm ET
Retractable Technologies, Inc. Declares Dividends to Series II and III Class B Preferred Stock Shareholders
Retractable Technologies, Inc. (“Retractable”) (NYSE American: 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 $39,495.10, respectively. Dividends have accrued at $1.00 per share per annum. The Series II Class B dividends cover the period beginning October 1, 2021 through December 31, 2021 and the Series III dividends cover the period beginning July 1, 2021 through December 31, 2021. The dividends will be paid on January 24, 2022 to shareholders of rec
Nov 16, 2021 12:58 pm ET
Retractable Technologies, Inc. Reports $44.1 Million in Operating Income for the First Nine Months Of 2021
Retractable Technologies, Inc. (NYSE American: RVP) reports that its operating income was $44.1 million for the first nine months of 2021, compared to an operating income for the same period last year of $11.8 million, and that income applicable to common shareholders was $35.0 million for the first nine months of 2021 compared to $14.7 million in the prior year. Net sales were $36.4 million for the three months ended September 30, 2021 and $128.9 million for the nine months ended September 30, 2021. The U.S. government remained a significant customer, constituting 50.7% and 64.8% of the net s
Sep 30, 2021 12:46 pm ET
Retractable Technologies, Inc. Declares Dividends to Series II Class B Convertible Preferred Stock Shareholders
Retractable Technologies, Inc. (NYSE American: RVP) announced today that its Board of Directors has declared dividends to holders of its Series II Class B Convertible Preferred Stock in the amount of $39,050. The dividend amount is $0.25 per share. Dividends have accrued at 10% per annum and cover amounts in arrears from July 1, 2021 through date of conversion or September 30, 2021 whichever is applicable. The dividends will be paid on October 22, 2021 to shareholders of record as of the close of business on October 12, 2021.
Aug 17, 2021 12:38 pm ET
Retractable Technologies, Inc. Reports $36.1 Million in Operating Income for the First Six Months Of 2021
Retractable Technologies, Inc. (NYSE American: RVP) reports that its operating income was $36.1 million for the first six months of 2021, compared to an operating income for the same period last year of $1.4 million, and that income applicable to common shareholders was $28.5 million for the first six months of 2021 compared to $3.7 million in the prior year. Net sales were $42.5 million for the three months ended June 30, 2021 and $92.6 million for the six months ended June 30, 2021. The U.S. government remained a significant customer, constituting 64.4% and 70.4% of the net sales in the thre
Jun 07, 2021 12:45 pm ET
Retractable Technologies, Inc. Announces Buyback Plan and Payment of All Dividends
Retractable Technologies, Inc. (NYSE American: RVP) announced today that its Board of Directors has approved the adoption of a repurchase plan (the “Plan”) for up to $10 million of its Common Stock. Under the Plan, open market purchases of Retractable’s Common Stock may commence June 18, 2021 and may continue until June 18, 2022 at the latest. The Plan is structured to comply with Rules 10b5-1 and 10b-18 under the Securities Exchange Act of 1934. The Plan will be administered through an independent broker. The purchases under the Plan are subject to Rule 10b-18 limitations as well as certain p
Jun 03, 2021 01:14 pm ET
Retractable Technologies, Inc. Amends HHS Delivery Order
Retractable Technologies, Inc. (NYSE American: RVP) announced today that it has entered into an amendment to delivery order 75A50120F33003 from the Department of Health and Human Services which was awarded May 1, 2020. The amendment changes the period of performance end date from May 2021 to March 2022 and reallocates the products ordered to increase shipments of 1mL low dead-space safety syringes. The previously disclosed total contract price and freight costs are unchanged.
Jun 01, 2021 01:35 pm ET
Retractable Technologies, Inc. Receives Notice of Intent to Extend Government Contract
Retractable Technologies, Inc. (NYSE American: RVP) announced today that, in accordance with the 30 day notice requirement, it received a preliminary notice from the U.S. Department of Health and Human Services, Office of the Assistant Secretary for Preparedness and Response (“HHS/ASPR”) expressing its intent to exercise all seven one-month option periods under 75A50121P00021 contract between HHS/ASPR and Retractable. Such option exercises would extend the contract expiration date to February 14, 2022. As previously disclosed, the option periods increase the value of the contract by $92,772,68
May 25, 2021 03:35 pm ET
Retractable Technologies, Inc. to Receive Additional Funding From U.S. Government Under Technology Investment Agreement
Retractable Technologies Inc. (NYSE American: RVP) announced today that it has entered into an amendment to the Technology Investment Agreement (originally awarded on July 1, 2020) with the U.S. government providing $27,365,232 in additional funding. The amendment calls for an increase in existing domestic manufacturing capabilities by a minimum of 50 percent in order to meet ongoing and future U.S. COVID-19 medical countermeasures demands. In order to satisfy this new objective, Retractable is directed to increase U.S. production of 1mL low dead-space safety syringes by installing new assembl
May 17, 2021 04:48 pm ET
Retractable Technologies, Inc. Reports $23.4 Million in Operating Income for First Quarter Of 2021
Retractable Technologies, Inc. (NYSE American: RVP) reports that its operating income was $23.4 million in the first quarter of 2021, compared to operating income for the same period last year of $481 thousand. In comparison, the annual operating income for the prior two years was $24.1 million in 2020 and $3.0 million in 2019. During the first quarter of 2021, sales to the U.S. government were $37.8 million, representing 75.5% of the $50.1 million in first quarter revenues.
Apr 19, 2021 12:20 pm ET
Retractable Technologies, Inc. Receives Notice of Intent to Extend Government Contract
Retractable Technologies, Inc. (NYSE American: RVP) announced today that, in accordance with the 30 day notice requirement, it received a preliminary notice from the U.S. Department of Health and Human Services, Office of the Assistant Secretary for Preparedness & Response (“HHS/ASPR”) expressing its intent to exercise at least the first two one-month options under the February 2021 contract between HHS/ASPR and Retractable. Such option exercises would extend the July 14, 2021 base period expiration date to September 14, 2021. As previously disclosed, the HHS/ASPR February 2021 contract includ
Apr 01, 2021 11:29 am ET
Retractable Technologies, Inc. Declares Dividends to Series II Class B Convertible Preferred Stock Shareholders
Retractable Technologies, Inc. (NYSE American: RVP) announced today that its Board of Directors has declared dividends to holders of its Series II Class B Convertible Preferred Stock in the amount of $39,050. The dividend amount is $0.25 per share. Dividends have accrued at 10% per annum and cover amounts in arrears from December 31, 2020 through date of conversion or March 31, 2021 whichever is applicable. The dividends will be paid on April 22, 2021 to shareholders of record as of the close of business on April 12, 2021.
Apr 01, 2021 11:23 am ET
Retractable Technologies, Inc. Reports Results For 2020
Retractable Technologies, Inc. (NYSE American: RVP) reports the following information relating to the year ended December 31, 2020. Further details concerning the results of operations as well as other matters are available in Retractable’s Form 10-K filed on March 31, 2021 with the U.S. Securities and Exchange Commission.
Jan 08, 2021 02:32 pm ET
Retractable Technologies, Inc. Declares Dividends to Series I and II Class B Convertible Preferred Stock Shareholders
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
Nov 18, 2020 12:46 pm ET
Retractable Technologies, Inc. Reports Increased Income and Sales for Third Quarter Of 2020
Retractable Technologies, Inc. (NYSE American: RVP) reports that its operating income was $10.3 million in the third quarter of 2020, compared to an operating income for the same period last year of $978 thousand and that income applicable to common shareholders was $11.0 million for the third quarter of 2020. During the third quarter, Retractable had an increase in net sales of approximately $15.5 million over the prior period, of which $12.9 million is attributable to sales to the U.S. Department of Health and Human Services under a previously reported $83.8 million delivery order (the “HHS
Sep 30, 2020 11:58 am ET
Retractable Technologies, Inc. Declares Dividends to Series I and II Class B Convertible Preferred Stock Shareholders
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 $12,000 and $40,242, respectively. 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 July 1, 2020 through date of conversion or September 30, 2020, whichever is applicable. The dividends will be paid on October 22, 2020 to s
Aug 17, 2020 11:43 am ET
Retractable Technologies, Inc. Reports Increased Income and Sales for Second Quarter Of 2020
Retractable Technologies, Inc. (NYSE American: RVP) reports that its operating income was $960 thousand in the second quarter of 2020, compared to an operating income for the same period last year of $329 thousand, and that income applicable to common shareholders was $3.6 million for the second quarter of 2020. During the second quarter, Retractable had an increase in net sales of approximately $2.0 million over the prior period, of which $1.4 million is attributable to sales to the U.S. Department of Health and Human Services under a previously reported $83.8 million delivery order. Other ma
Jun 30, 2020 12:17 pm ET
Retractable Technologies, Inc. Declares Dividends to Series I and II Class B Convertible Preferred Stock Shareholders
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 $12,000.00 and $42,800.00, respectively. 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 April 1, 2020 through date of conversion or June 30, 2020 whichever is applicable. The dividends will be paid on July 20, 2020 to sha
Jun 05, 2020 12:38 pm ET
Retractable Technologies, Inc. to Host Virtual Annual Meeting of Shareholders
Retractable Technologies, Inc. (NYSE American: RVP) (the “Company”) today announced that, due to the public health impact of the coronavirus (COVID-19) pandemic, and related health and travel concerns, the adjourned 2020 annual meeting of shareholders of Retractable Technologies, Inc. (the “Annual Meeting”) has been changed to a virtual-only format via live webcast. As previously announced, the Annual Meeting will be held on June 22, 2020 at 10:00 a.m. Central time. Shareholders will not be able to attend the Annual Meeting in person.
May 18, 2020 12:08 pm ET
Retractable Technologies, Inc. Reports Operating Income and Increased Sales for First Quarter Of 2020
Retractable Technologies, Inc. (NYSE American: RVP) reports that its operating income was $481 thousand in the first quarter of 2020, compared to an operating loss for the same period last year of $175 thousand, and that overall unit sales for the first quarter of 2020 increased 39.2% over same period in the prior year.
Apr 30, 2020 03:49 pm ET
Retractable Technologies, Inc. Reports Change to Meeting Date
Retractable Technologies, Inc. (NYSE American: RVP) (the “Company”) today announced that, due to the public health impact of the coronavirus (COVID-19) pandemic, and related health and travel concerns, the date of the 2020 annual meeting of shareholders of Retractable Technologies, Inc. (the “Annual Meeting”) has been changed to June 22, 2020 at 10:00 a.m. The adjourned meeting is expected to be held at Little Elm Town Hall located at 100 West Eldorado Parkway, Little Elm, Texas 75068. However, the Company has also secured a vendor to assist in facilitating a virtual meeting on June 22, 2020 i
Mar 31, 2020 01:41 pm ET
Retractable Technologies, Inc. Declares Dividends to Series I and II Class B Convertible Preferred Stock Shareholders
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 $12,000.00 and $42,800.00, respectively. 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 December 31, 2019 through date of conversion or March 31, 2020 whichever is applicable. The dividends will be paid on April 20, 2020
Mar 31, 2020 01:29 pm ET
Retractable Technologies, Inc. Reports Results For 2019
Retractable Technologies, Inc. (NYSE American: RVP) reports the following information relating to the year ended December 31, 2019. Further details concerning the results of operations as well as other matters are available in Retractable’s Form 10-K filed on March 30, 2020 with the U.S. Securities and Exchange Commission.
Dec 23, 2019 12:16 pm ET
Retractable Technologies, Inc. Declares Dividends to Series I and II Class B Preferred Stock Shareholders
Retractable Technologies, Inc. (“Retractable”) (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 $12,000.00 and $42,800.00, respectively. 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 and including October 1, 2019 through date of conversion or December 31, 2019, whichever is applicable. The dividends
Nov 15, 2019 12:25 pm ET
Retractable Technologies, Inc. Reports Operating Income and Increased Sales for Third Quarter 2019
Retractable Technologies, Inc. (NYSE American: RVP) reports that its operating income was $978 thousand in the third quarter of 2019, compared to an operating loss for the same period last year of $60 thousand, and that overall unit sales for the third quarter of 2019 increased 15.8% over same period in the prior year.
Sep 30, 2019 12:13 pm ET
Retractable Technologies, Inc. Declares Dividends to Series I and II Class B Convertible Preferred Stock Shareholders
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 $12,000.00 and $42,800.00, respectively. 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 July 1, 2019 through date of conversion or September 30, 2019, whichever is applicable. The dividends will be paid on October 21, 201
Aug 15, 2019 01:51 pm ET
Retractable Technologies, Inc. Reports Operating Income and Increased Sales for Second Quarter 2019
Retractable Technologies, Inc. (NYSE American: RVP) reports that its operating income was $329 thousand in the second quarter of 2019, compared to an operating loss for the same period last year of $939 thousand, and that overall unit sales for the second quarter of 2019 increased 31.3% over same period in the prior year.
Jun 28, 2019 01:29 pm ET
Retractable Technologies, Inc. Declares Dividends to Series I and II Class B Convertible Preferred Stock Shareholders
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 $12,000.00 and $42,800.00, respectively. 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 April 1, 2019 through date of conversion or June 30, 2019, whichever is applicable. The dividends will be paid on July 19, 2019 to sh
May 15, 2019 05:23 pm ET
Retractable Technologies, Inc. Announces Results as of March 31, 2019
Retractable Technologies, Inc. (NYSE American: RVP) reports the following results of operations for the three months ended March 31, 2019 as compared to results for the same period in the prior year.
May 07, 2019 12:32 pm ET
Retractable Technologies, Inc. Reports Settlement of All Existing Litigation
Retractable Technologies, Inc. (NYSE American: RVP) reports that a settlement has been reached with both Becton, Dickinson and Company (“BD”) and MDC Investment Holdings, Inc. (“MDC”) to settle all existing litigation by and against Retractable. In 2007, Retractable sued BD for violations of antitrust acts, false advertising, product disparagement, tortious interference, unfair competition, and other matters. In 2007, BD and MDC sued Retractable for patent infringement. A settlement agreement, effective May 3, 2019, released all claims by Retrac
Apr 29, 2019 08:14 pm ET
Apr 01, 2019 01:02 pm ET
Retractable Technologies, Inc. Declares Dividends to Series I and II Class B Convertible Preferred Stock Shareholders
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 $12,312.50 and $42,800.00, respectively. 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 December 31, 2018 through date of conversion or March 31, 2019, whichever is applica
Mar 29, 2019 12:36 pm ET
Retractable Technologies, Inc. Reports Results for the Year 2018
Retractable Technologies, Inc. (NYSE American: RVP) reports the following information relating to the year ended December 31, 2018. Further details concerning the results of operations as well as other matters are available in Retractable's Form 10-K filed on March 28, 2019 with the U.S. Securities and Exchange Commission.
Mar 27, 2019 11:00 am ET
Retractable Technologies, Inc. Reports on Fifth Circuit Opinion
Retractable Technologies, Inc. (“Retractable”) (NYSE American: RVP) announced today that on March 26, 2019, the Fifth Circuit Court of Appeals affirmed the district court’s finding which had determined that neither disgorgement of profits nor further injunctive relief should be granted to Retractable in its case against Becton, Dickinson and Company (“BD”), despite finding that BD falsely advertised its products for years. Retractable is evaluating this ruling and conferring with legal counsel regarding possible future action.
Dec 21, 2018 10:00 am ET
Retractable Technologies, Inc. Declares Dividends to Series I and II Class B Convertible Preferred Stock Shareholders
Retractable Technologies, Inc. (NYSE American: RVP), (“Retractable”) 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 $12,312.50 and $42,800.00, respectively. 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 and including October 1, 2018 through date of conversion or
Nov 26, 2018 07:35 am ET
Analysis: Positioning to Benefit within The Cheesecake Factory, Reeds, Community Healthcare Trust, Retractable Technologies, Radiant Logistics, and New Concept Energy — Research Highlights Growth, Rev
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The Cheesecake Factory Incorporated (NASDAQ:CAKE), Reeds, Inc....
Nov 15, 2018 12:33 pm ET
Retractable Technologies, Inc. Announces Results as of September 30, 2018
Retractable Technologies, Inc. (NYSE American: RVP) reports the following results of operations for the three and nine months ended September 30, 2018 as compared to results for the same period in the prior year.
Oct 02, 2018 05:06 pm ET
Retractable Technologies, Inc. Declares Dividends to Series I and II Class B Convertible Preferred Stock Shareholders
Retractable Technologies, Inc. (NYSE American: RVP), (“Retractable”) 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 $12,312.50 and $42,800.00, respectively. 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 and including July 1, 2018 through date of conversion or September
Aug 14, 2018 05:21 pm ET
Retractable Technologies, Inc. Reports Results as of June 30, 2018
Retractable Technologies, Inc. (NYSE American: RVP) reports the following results of operations for the three and six months ended June 30, 2018 and 2017, respectively. Retractable’s operating loss was lower in both the three month and six months ended June 30, 2018 than in the three month and six months ended June 30, 2017.
Jun 29, 2018 12:28 pm ET
Retractable Technologies, Inc. Declares Dividends to Series I and II Class B Convertible Preferred Stock Shareholders
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 $12,312.50 and $42,800.00, respectively. 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 April 1, 2018 through date of conversion or June 30, 2018, whichever is applicable.
May 15, 2018 04:13 pm ET
Retractable Technologies, Inc. Announces Results as of March 31, 2018; Operating Loss Declined by 86.4%
Retractable Technologies, Inc. (NYSE American: RVP) reports the following results of operations for the three months ended March 31, 2018 as compared to results for the same period in the prior year. The operating loss for the first quarter of 2018 decreased from $1.152 million to $157 thousand, a decrease of $995 thousand, or 86.4%.
Apr 02, 2018 06:00 pm ET
Retractable Technologies, Inc. Reports Results for the Year 2017
Retractable Technologies, Inc. (NYSE American: RVP) reports the following results of operations for the twelve months ended December 31, 2017 and 2016, respectively.
Apr 02, 2018 04:42 pm ET
Retractable Technologies, Inc. Declares Dividends to Series I and II Class B Convertible Preferred Stock Shareholders
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 $12,312.50 and $42,800.00, respectively. 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 December 31, 2017 through date of conversion or March 31, 2018, whichever is applica
Dec 27, 2017 04:30 pm ET
Retractable Technologies, Inc. Declares Dividends to Series I and II Class B Preferred Stock Shareholders
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 $12,312.50 and $42,800.00, respectively. 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 and including October 1, 2017 through date of conversion or December 31, 2017, which
Nov 14, 2017 03:00 pm ET
Retractable Technologies, Inc. Announces Results as of September 30, 2017
Retractable Technologies, Inc. (NYSE American: RVP) reports the following results of operations for the three and nine months ended September 30, 2017 as compared to results for the same period in the prior year.
Oct 31, 2017 02:27 pm ET
Eastern District Court Denies Motion to Reconsider Becton, Dickinson and Co. Judgment
Retractable Technologies, Inc. (NYSE American: RVP), (“RTI”) reports that on October 27, 2017, the United States District Court for the Eastern District of Texas denied its motion to alter or amend its earlier judgment in RTI’s case against Becton, Dickinson and Co. (“BD”). RTI’s motion had asked the Court to require BD to notify end users of the facts relating to syringes, as required by the original injunction in this case. As a result of the disposition of this motion, RTI’s appeal to the United States Court of Appeals for the Fifth Circuit i

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