Red Cat Holdings Shares Fall on Widened Loss

Dow Jones

2024-09-24

By Don Nico Forbes

Shares in Red Cat Holdings fell after the company reported a widened net loss for the fiscal first quarter.

Shares were down 8.5% in premarket trading Tuesday at $2.89.

The drone technology company said its net loss for the three months ended July 31 was $12.4 million, or 17 cents a share, compared with a loss of $5.8 million, or 11 cents a share, in the year-prior period.

Write to Don Nico Forbes at don.forbes@wsj.com

(END) Dow Jones Newswires

September 24, 2024 07:15 ET (11:15 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RCAT","symbol_name":"Red Cat Holdings Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2469277461","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2469277461","pubTimestamp":1727176500,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares in Red Cat Holdings fell after the company reported a widened net loss for the fiscal first quarter.Shares were down 8.5% in premarket trading Tuesday at $2.89.The drone technology company said its net loss for the three months ended July 31 was $12.4 million, or 17 cents a share, compared with a loss of $5.8 million, or 11 cents a share, in the year-prior period.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RCAT":"Red Cat Holdings Inc.","BK4157":"电子设备和仪器"},"translate_title":"红猫控股股价因亏损扩大而下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RCAT":0.9},"content_text":"By Don Nico Forbes \n\n\n \n\n\n  Shares in Red Cat Holdings fell after the company reported a widened net loss for the fiscal first quarter. \n\n\n  Shares were down 8.5% in premarket trading Tuesday at $2.89. \n\n\n  The drone technology company said its net loss for the three months ended July 31 was $12.4 million, or 17 cents a share, compared with a loss of $5.8 million, or 11 cents a share, in the year-prior period. \n\n\n \n\n\n  Write to Don Nico Forbes at don.forbes@wsj.com \n\n\n  (END) Dow Jones Newswires\n\n\n  September 24, 2024 07:15 ET (11:15 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}