Archer Aviation Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net loss was USD 91 million compared to USD 176.7 million a year ago. Basic loss per share from continuing operations was USD 0.38 compared to USD 2 a year ago.
For the nine months, net loss was USD 221.9 million compared to USD 304.5 million a year ago. Basic loss per share from continuing operations was USD 0.93 compared to USD 4.5 a year ago.