Red Cat Holdings (RCAT) reported a fiscal Q1 loss late Monday of $0.17 per diluted share, widening from a loss of $0.11 a year earlier.
One analyst polled by Capital IQ expected a loss of $0.08.
Revenue for the quarter ended July 31 was $2.8 million, up from $1.7 million a year earlier. Analysts surveyed by Capital IQ expected $3.9 million.
Shares of Red Cat Holdings fell more than 17% in after-hours activity.
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