Archer (ARHVF) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Archer reports a strong second quarter in 2024 with $309 million in revenue and a 9% increase in EBITDA, amounting to $32.8 million. The company’s EBITDA has grown 15% year-to-date, indicating improved margins and revenue growth. Strategic acquisitions, new contracts, and a positive market outlook have positioned Archer for future growth, with a substantial $4 billion backlog providing earnings visibility.
For further insights into ARHVF stock, check out TipRanks’ Stock Analysis page.
