Brief: Archer Lowers Guidance For Land Drilling Revenue, EBITDA

Archer

14/08/2025 06:24

Aug 14 (Reuters) - Archer Ltd ARCHA.OL:

ARCHER Q2 REVENUE USD 348.9 MILLION

ARCHER Q2 EBITDA USD 38 MILLION

ARCHER Q2 ADJUSTED EBITDA USD 41.7 MILLION

FY GUIDANCE: REVENUE GROWTH OF 2-4%, EBITDA GROWTH OF 8-15% Y/Y

EXPECTS LAND DRILLING REVENUE AND EBITDA TO BE LOWER THAN PRIOR GUIDANCE, BY ABOUT $100 MILLION AND $10-12 MILLION, RESPECTIVELY

Source text: ID:nWkr3GklPV

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