After the stock market closed on Monday, Red Cat reported a fiscal second-quarter loss of 18 cents a share on revenue of $1.5 million. There are only two analysts on FactSet that cover Red Cat They expected the company to report a loss of nine cents a share on revenue of $4.1 million. Chief Executive Jeff Thompson said in the earnings release Monday that in the second half of the year, Red Cat decided to focus on its Black Widow drone.