Red Cat Holdings' Q4 Revenue Forecast: 1,842% YoY Surge, FY 2025 Anticipated to Reach 153% Rise

Red Cat Holdings projects a 1,842% increase in Q4 revenue to $24-$26.5 million, surpassing consensus estimates. FY 2025 revenue is expected to rise 153% to $38-$41 million, exceeding consensus estimates of $35.41 million. The company's shares rose 5.52% premarket to $12.6. Red Cat Holdings operates in the Aerospace & Defense industry, with a market capitalization of $1.43 billion.