Recap: Archer Aviation Q1 Earnings

Archer Aviation ACHR reported its Q1 earnings results on Thursday, May 11, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Archer Aviation missed estimated earnings by 48.39%, reporting an EPS of $-0.46 versus an estimate of $-0.31.

Revenue was down $0 from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.1 which was followed by a 8.48% increase in the share price the next day.

To track all earnings releases for Archer Aviation visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.