Red Cat Holdings, Inc. provided revenue guidance for the fiscal second quarter ending October 31, 2023 and third quarter ending January 31, 2024. For the fiscal second quarter, the company expects revenue to be $3.0 million, and revenue for the fiscal third quarter is expected to be $5.0 million. Like the fiscal first quarter preliminary results, only revenue from the Company?s Enterprise Division is included in these projected figures.

Thus, combined revenue from the first three quarters of fiscal 2024 is expected to be nearly $10 million, from the Company?s Enterprise Division.