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Stock impact report

Archer Aviation Inc (ACHR) Reports Progress Amidst Rising Operating Expenses [Yahoo! Finance]

Archer Aviation Inc. Class A (ACHR) 
Company Research Source: Yahoo! Finance
Order Book : Indicative order book now up to $3.5 billion, signaling potential for significant revenue in early years of commercial operations. Manufacturing : Volume manufacturing facility set to be completed in 2024, with readiness to produce and deliver up to 650 aircraft annually starting in 2025. Flight Test Program : On track for 400 flights in 2024, marking rapid progress in the flight test program. Financial Performance : Reported a net loss of $457.9 million for FY 2023, with total operating expenses of $446.9 million. Capital Efficiency : Maintained a capital-efficient approach with a strong focus on minimizing capital expenditures prior to significant revenue generation. Warning! GuruFocus has detected 3 Warning Signs with ACHR. On February 26, 2024, Archer Aviation Inc ( NYSE:ACHR ) released its 8-K filing , detailing the company's financial performance for the fourth quarter and full year of 2023. Archer Aviation, a company at the forefront of sustainable air Show less Read more
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