Stock Track | Red Cat Holdings Plunges 14.16% in Pre-market Trading as Q2 Earnings Disappoint, Revenue Declines

Stock Track12-17

Red Cat Holdings Inc. (RCAT) stock experienced a significant pre-market plunge of 14.16% on Tuesday morning. The drone technology company's shares tumbled following the release of its disappointing fiscal second-quarter 2025 earnings results.

According to the earnings report, Red Cat posted a wider net loss of $13.3 million, or $0.18 per share, compared to a net loss of $5.8 million, or $0.11 per share, in the same period last year. The company's revenue declined by 60.95% to $1.53 million, missing analyst estimates of $4.13 million.

The disappointing financial performance overshadowed Red Cat's earlier announcement of a strategic partnership with Palantir Technologies to integrate visual navigation software into its Black Widow drones. The company had cited its decision to halt production of the Teal 2 drone and focus on the Black Widow model as a key factor impacting short-term revenue. However, Red Cat believes this strategy will prioritize long-term growth and position it to meet the demands of a new U.S. Army contract and other programs.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1148044381?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-17 17:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1148044381","market":"hk","top_or_hot":-1,"title":"Stock Track | Red Cat Holdings Plunges 14.16% in Pre-market Trading as Q2 Earnings Disappoint, Revenue Declines","media":"Stock Track","content":"<p>Red Cat Holdings Inc. (RCAT) stock experienced a significant pre-market plunge of 14.16% on Tuesday morning. The drone technology company's shares tumbled following the release of its disappointing fiscal second-quarter 2025 earnings results.</p>\n\n<p>According to the earnings report, Red Cat posted a wider net loss of $13.3 million, or $0.18 per share, compared to a net loss of $5.8 million, or $0.11 per share, in the same period last year. The company's revenue declined by 60.95% to $1.53 million, missing analyst estimates of $4.13 million.</p>\n\n<p>The disappointing financial performance overshadowed Red Cat's earlier announcement of a strategic partnership with Palantir Technologies to integrate visual navigation software into its Black Widow drones. The company had cited its decision to halt production of the Teal 2 drone and focus on the Black Widow model as a key factor impacting short-term revenue. However, Red Cat believes this strategy will prioritize long-term growth and position it to meet the demands of a new U.S. Army contract and other programs.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Red Cat Holdings Plunges 14.16% in Pre-market Trading as Q2 Earnings Disappoint, Revenue Declines</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Red Cat Holdings Plunges 14.16% in Pre-market Trading as Q2 Earnings Disappoint, Revenue Declines\n</h2>\n\n<h4 class=\"meta\">\n\n2024-12-17 17:02 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Red Cat Holdings Inc. (RCAT) stock experienced a significant pre-market plunge of 14.16% on Tuesday morning. The drone technology company's shares tumbled following the release of its disappointing ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RCAT","symbol_name":"Red Cat Holdings Inc.","start_time":0,"source_url":"","article_id":"1148044381","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1148044381","pubTimestamp":1734426143,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Red Cat Holdings Inc.  stock experienced a significant pre-market plunge of 14.16% on Tuesday morning. The drone technology company's shares tumbled following the release of its disappointing fiscal second-quarter 2025 earnings results.According to the earnings report, Red Cat posted a wider net loss of $13.3 million, or $0.18 per share, compared to a net loss of $5.8 million, or $0.11 per share, in the same period last year. The company's revenue declined by 60.95% to $1.53 million, missing ana","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RCAT":"Red Cat Holdings Inc."},"translate_title":"股票赛道红猫控股盘前交易暴跌14.16%，因第二季度盈利令人失望，收入下降","themeId":"c1f5c9ff0047705af377af4172001309","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RCAT":1},"content_text":"Red Cat Holdings Inc. (RCAT) stock experienced a significant pre-market plunge of 14.16% on Tuesday morning. The drone technology company's shares tumbled following the release of its disappointing fiscal second-quarter 2025 earnings results.\nAccording to the earnings report, Red Cat posted a wider net loss of $13.3 million, or $0.18 per share, compared to a net loss of $5.8 million, or $0.11 per share, in the same period last year. The company's revenue declined by 60.95% to $1.53 million, missing analyst estimates of $4.13 million.\nThe disappointing financial performance overshadowed Red Cat's earlier announcement of a strategic partnership with Palantir Technologies to integrate visual navigation software into its Black Widow drones. The company had cited its decision to halt production of the Teal 2 drone and focus on the Black Widow model as a key factor impacting short-term revenue. However, Red Cat believes this strategy will prioritize long-term growth and position it to meet the demands of a new U.S. Army contract and other programs.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1148044381"}