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.