Medical device firm Retractable's Q3 sales dip

Reuters
Nov 15
Medical device firm Retractable's Q3 sales dip

Overview

  • Retractable Technologies Q3 2025 sales slightly declined to $10.1 mln from $10.3 mln last year

  • Operating loss for Q3 2025 reduced to $3.7 mln from $5.1 mln last year

  • Company reports Q3 net income of $371 thousand, aided by $2.4 mln unrealized gains

Outlook

  • Tariffs expected to continue impacting costs in future periods

  • Uncertainty remains regarding timing of future international orders

Result Drivers

  • TARIFF IMPACT - Co says tariffs continue to materially affect costs, spending $2.3 mln on tariffs in first nine months of 2025

  • PRODUCT MIX - Higher domestic selling prices due to shift in product mix, with decreased EasyPoint needle sales

  • INTERNATIONAL SALES - International revenues increased 25% in Q3, but average selling price declined due to product discounts

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Sales

$10.10 mln

Q3 Operating Income

-$3.70 mln

Press Release: ID:nBw2MxtN9a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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