From Barchart: 2024-12-16 20:00:03

Red Cat Holdings, Inc. (NASDAQ: RCAT) reported an EPS of -$0.18, missing the estimated -$0.08, showing current lack of profitability. Revenue for Q2 was $1.53 million, lower than the estimated $4.13 million, resulting in a high price-to-sales ratio of 52.81. RCAT maintains a debt-to-equity ratio of 0.51 and a current ratio of 1.43, indicating moderate debt levels and reasonable liquidity.



Read more at Barchart:: Red Cat Holdings, Inc. (NASDAQ: RCAT) Faces Financ…