earnings
confidence high
sentiment negative
materiality 0.65
Retractable Q1 net sales $8.3M; operating loss widens to $4.7M on $1.5M tariffs
RETRACTABLE TECHNOLOGIES INC
2025-Q1 EPS reported
-$0.35
revenue$8,295,173
- Total net sales $8.3M vs $7.6M YoY; operating loss $4.7M vs $3.0M YoY.
- Tariff expenses $1.5M in Q1; expects tariffs to continue materially increasing costs.
- Reduced reliance on Chinese manufacturers to 62.7% of supply from 90.4% YoY; increased domestic manufacturing.
- Unrealized loss on investments $7.2M; net income impact not specified but significant.
- Shareholders approved executive compensation on advisory basis; future vote every 3 years per voting results.