Red Cat Holdings (NASDAQ:RCAT) reported quarterly losses of $(0.17) per share which missed the analyst consensus estimate of $(0.08) by 112.5 percent. This is a 54.55 percent decrease over losses of $(0.11) per share from the same period last year. The company reported quarterly sales of $2.78 million which missed the analyst consensus estimate of $3.85 million by 27.88 percent. This is a 58.84 percent increase over sales of $1.75 million the same period last year.
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