Red Cat Holdings (NASDAQ:RCAT) reported quarterly losses of $(0.18) per share which missed the analyst consensus estimate of $(0.08) by 125 percent. This is a 80 percent decrease over losses of $(0.10) per share from the same period last year. The company reported quarterly sales of $1.53 million which missed the analyst consensus estimate of $4.13 million by 62.83 percent. This is a 60.95 percent decrease over sales of $3.93 million the same period last year.
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