LITTLE ELM, Texas--(BUSINESS WIRE)--Retractable Technologies, Inc. (AMEX: RVP), a leading maker of safety needle devices, today reported revenues of $5.3 million and $11.0 million for the three and six months ended June 30, 2007, respectively, a decrease from the same 2006 periods. The decline in total revenues from the year-ago quarter was due largely to lower unit sales and lower average selling prices in domestic markets. In the first half, overall unit sales rose 9.2% principally due to higher international unit sales, but the increase in unit sales was offset by lower average selling prices in the domestic market. International sales tend to fluctuate because of the timing of orders under the President’s Global HIV/AIDS initiative.
