Archer Aviation Inc. Announces Third Quarter 2021 Results
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Archer Aviation (ACHR) Reports Q3 Loss of $2.00/sh
November 11, 2021 4:16 PM ESTArcher Aviation (NYSE: ACHR) reported Q3 EPS of ($2.00), versus ($0.14) reported last year.
Outlook:
In terms of our fourth quarter outlook, we anticipate total GAAP operating expense of $65 - 70 million and non-GAAP operating expense of $35 - 40 million. This reflects expected stock-based compensation and warrant expense of approximately $30 million as we record a one-time larger-than-normal stock-based compensation expense in the fourth... More