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ACHR Archer Aviation News Story

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PREVIEW: Archer Aviation slips ahead of quarterly report

** Shares of Archer Aviation ACHR slip 0.4% after the bell ahead of quarterly results, with investors watching for developments in the company's air taxi

** ACHR in July said it completed an initial test flight of its Midnight aircraft at Al Bateen Executive Airport in Abu Dhabi

** In June, the company said it raised $850 mln in funding following executive orders signed by U.S. President Donald Trump to boost electric air taxis

** Analysts expect quarterly adj. loss of 25 cents per share, vs a loss of 32 cents per share a year ago, according to data compiled by LSEG

** ACHR stock down about 1% YTD, and up 165% over past 12 months

(Reporting by Noel Randewich)

((noel.randewich@thomsonreuters.com))

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