Archer Aviation Plunges 9.64% on Q2 Loss
On August 12, 2025, Archer Aviation's stock experienced a significant drop of 9.64% in pre-market trading, reflecting investor concerns and market sentiment.
Archer Aviation reported a net loss of $206 million for the second quarter of 2025, primarily due to substantial non-cash charges that impacted its financial performance. The company's loss per share was $0.36, falling short of the forecasted $0.25, which contributed to the stock's decline.
Despite the financial setbacks, Archer Aviation's cash reserves stood at $1.72 billion, marking a substantial increase from the same period last year. This financial cushion is crucial as the company continues to ramp up the manufacturing of its Midnight aircraft in preparation for early commercial deployments.
Looking ahead, Archer AviationACHR-- expects an adjusted EBITDA loss of between $110 million and $130 million for the third quarter, indicating ongoing financial challenges. However, the company's strategic focus on growth and innovation remains a key factor for investors to consider.
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