2023-05-11 16:10:47 ET
- Archer Aviation press release ( NYSE: ACHR ): Q1 GAAP EPS of -$0.46 in-line.
- Cash, cash equivalents and short-term investments of $450M as of March 31st, coupled with our previously announced strategic funding of up to $150M from Stellantis.
- Q2 Outllook: GAAP total operating expenses of $110 million to $120 million
- Non-GAAP total operating expenses of $75 million to $85 million
- This reflects expected stock-based compensation, warrant expense and other one-time expenses of approximately $35 million
For further details see:
Archer Aviation GAAP EPS of -$0.46 in-line