Archer Aviation Q2 Disappoints: First Revenue Stream In Sight?

1. Archer shares rose over 4.5% despite a downbeat Q2 report. 2. Analysts show mixed ratings: JPMorgan is Neutral, while Needham and HC Wainwright are bullish. 3. Archer expects to add six Midnight aircraft, increasing fleet total to eight. 4. First tangible revenue stream expected from UAE flight testing and commercial payments. 5. Adjusted EBITDA loss widened, net loss per share increased from previous quarter.