02:52 PM EST, 11/07/2025 (MT Newswires) -- Archer Aviation ( ACHR ) shares fell nearly 9% in recent Friday trading after the company reported its Q3 results.

The company reported a Q3 loss late Thursday of $0.20, narrowing from a loss of $0.29 a year earlier.

Analysts polled by FactSet expected a loss of $0.30.

The company expects Q4 adjusted earnings before interest, taxes, depreciation, and amortization to be a loss of $110 million to $140 million.

The company also entered agreement to acquire control of Hawthorne Airport in Los Angeles for $126 million. The airport is expected to serve as a strategic hub for its air taxi network and a site for testing of AI-powered aviation technologies.

Price: 8.15, Change: -0.73, Percent Change: -8.22