Archer Limited reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 977.2 million compared to USD 823.3 million a year ago. Revenue was USD 1,169.3 million compared to USD 970.2 million a year ago.

Net loss was USD 28.1 million compared to net income of USD 9.8 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to basic earnings per share from continuing operations of USD 0.07 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to diluted earnings per share from continuing operations of USD 0.07 a year ago.