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Red Cat Hldgs: Q3 Earnings Insights

Author: Benzinga Insights | March 18, 2024 04:10pm

Red Cat Hldgs (NASDAQ:RCAT) reported its Q3 earnings results on Monday, March 18, 2024 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

Red Cat Hldgs missed estimated earnings by -100.0%, reporting an EPS of $-0.08 versus an estimate of $-0.04.

Revenue was up $2.74 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 9.0% increase in the share price the next day.

Here's a look at Red Cat Hldgs's past performance:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate -0.07 -0.11 0 -0.09
EPS Actual -0.10 -0.11 -0.16 -0.10
Revenue Estimate 3.00M 3.90M 4.20M 2.65M
Revenue Actual 3.93M 1.75M 2.21M 3.11M

To track all earnings releases for Red Cat Hldgs visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: RCAT

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