Red Cat Holdings (NASDAQ:RCAT) reported quarterly losses of $(0.17) per share which missed the analyst consensus estimate of $(0.15) by 13.33 percent. This is a 48.48 percent increase over losses of $(0.33) per share from the same period last year. The company reported quarterly sales of $26.235 million which beat the analyst consensus estimate of $23.918 million by 9.69 percent. This is a 1.99K percent increase over sales of $1.258 million the same period last year.