Red Cat Holdings (NASDAQ:RCAT) reported quarterly losses of $(0.16) per share which missed the analyst consensus estimate of $(0.10) by 60 percent. This is unchanged from the same period last year. The company reported quarterly sales of $9.646 million which missed the analyst consensus estimate of $16.675 million by 42.15 percent. This is a 646.59 percent increase over sales of $1.292 million the same period last year.