Archer Aviation Q2 GAAP Net Loss $106.9M
Portfolio Pulse from Benzinga Newsdesk
Archer Aviation reported a GAAP net loss of $106.9 million for Q2.
August 08, 2024 | 8:32 pm
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Archer Aviation reported a GAAP net loss of $106.9 million for Q2, which may negatively impact investor sentiment and short-term stock price.
The significant net loss reported by Archer Aviation is likely to concern investors, leading to a potential decline in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100