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.
The Associated Press