Archer (ARHVF) to Release Earnings on Friday

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

Archer Stock Up 6.2%

OTCMKTS ARHVF opened at $2.82 on Friday. The business has a 50 day simple moving average of $2.28 and a 200 day simple moving average of $2.27. Archer has a one year low of $1.63 and a one year high of $2.82.

About Archer

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.