Archer (ARHVF) to Release Earnings on Friday

Archer (OTCMKTS:ARHVF) is expected to release its results before the market opens on Friday, February 27th. Analysts expect Archer to post earnings of $0.0610 per share and revenue of $3.2896 billion for the quarter.

Archer Stock Performance

ARHVF opened at $2.82 on Friday. Archer has a 1-year low of $1.63 and a 1-year high of $2.82. The company’s fifty day moving average price is $2.28 and its two-hundred day moving average price is $2.27.

Archer Company Profile

Archer is a technology company focused on the design and development of electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. The company aims to launch air taxi services that reduce travel time and emissions in densely populated areas. Archer’s core offering centers on fully electric, piloted aircraft designed to carry passengers on short-haul routes, leveraging advanced battery systems, electric propulsion, and composite structures.

Among Archer’s key projects are “Maker,” a two-seat piloted prototype used for flight testing and certification work, and “Midnight,” a four-passenger production model slated for commercial service.