Retractable Technologies Q2 EPS $(0.48) Down From $(0.13) YoY, Sales $6.03M Down From $7.97M YoY
Portfolio Pulse from Benzinga Newsdesk
Retractable Technologies (AMEX:RVP) reported Q2 sales of $6.00 million, a 24.73% decrease from $7.97 million in the same period last year.
August 14, 2024 | 9:00 pm
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Retractable Technologies reported a significant 24.73% decrease in Q2 sales year-over-year, from $7.97 million to $6.00 million.
The 24.73% decrease in sales is a significant drop, which is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100