Red Cat Holdings (NASDAQ:RCAT) reported quarterly losses of $(0.22) per share which missed the analyst consensus estimate of $(0.13) by 83.33 percent. This is a 29.41 percent decrease over losses of $(0.17) per share from the same period last year. The company reported quarterly sales of $15.500 million which missed the analyst consensus estimate of $17.625 million by 12.06 percent. This is a 458.16 percent increase over sales of $2.777 million the same period last year.