Red Cat (NASDAQ:RCAT) Releases Earnings Results

Red Cat (NASDAQ:RCAT) released its quarterly earnings data on Monday. The company reported ($0.18) EPS for the quarter, Zacks reports. Red Cat had a negative return on equity of 66.19% and a negative net margin of 162.50%. Red Cat updated its FY 2025 guidance to EPS.

Red Cat Price Performance

NASDAQ RCAT traded up $2.22 during trading hours on Monday, reaching $10.45. The company’s stock had a trading volume of 46,982,078 shares, compared to its average volume of 1,781,354. Red Cat has a 1-year low of $0.56 and a 1-year high of $12.57. The firm has a market capitalization of $788.56 million, a price-to-earnings ratio of -20.76 and a beta of 1.33. The company’s 50-day moving average is $5.27 and its two-hundred day moving average is $3.21.

Red Cat Company Profile

Red Cat Holdings, Inc engages in the provision of various products, services, and solutions to the drone industry. The company operates through two segments: Enterprise and Consumer. It built infrastructure to manages drone fleets and fly, and provide services remotely, navigate confined industrial interior spaces and dangerous military environment.