Fri Sep 20 12:42:02 UTC 2024: ## Red Cat to Release Earnings After Market Close on Monday
**Red Cat Holdings, Inc. (NASDAQ: RCAT)**, a company specializing in drone solutions for enterprise and consumer markets, is set to release its quarterly earnings results after the market closes on Monday, September 23rd.
Investors will be watching closely as Red Cat reported a loss of $0.10 per share and revenue of $6.31 million in the previous quarter, with a negative net margin of 134.84% and a negative return on equity of 45.56%.
Shares of RCAT opened at $2.82 on Friday, with a 12-month low of $0.52 and a 12-month high of $3.27. The company has a market capitalization of $212.01 million and a price-to-earnings ratio of -5.42.
Red Cat’s earnings release will be a key indicator of the company’s performance and future prospects in the rapidly growing drone industry.
First Piper 