Archer Limited announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was USD 183.6 million compared to USD 227.6 million a year ago. Operating income was USD 2.8 million compared to USD 11.1 million a year ago. Net loss was USD 12.3 million compared to USD 56.6 million a year ago. Basic loss per share was USD 0.08 compared to USD 0.38 a year ago. For the nine months, total revenue was USD 613.5 million compared to USD 688.9 million a year ago. Operating income was USD 11.8 million compared to USD 34.3 million a year ago. Net loss was USD 10.3 million compared to USD 51.6 million a year ago. Basic loss per share was USD 0.07 compared to USD 0.35 a year ago.