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Butterfly Network, Inc. (BFLY) Reports Q1 Loss, Beats Revenue Estimates

BFLY
Corporate EarningsCompany FundamentalsAnalyst EstimatesHealthcare & Biotech

Butterfly Network reported a quarterly loss of $0.03 per share, beating the Zacks Consensus Estimate of a $0.04 loss and improving from a $0.06 loss a year ago. The result is a modest earnings positive, indicating some progress in profitability versus both expectations and the prior-year period.

Analysis

Butterfly Network reported a quarterly loss of $0.03 per share, beating the Zacks Consensus Estimate of a $0.04 loss and improving from a $0.06 loss a year ago. The result is a modest earnings positive, indicating some progress in profitability versus both expectations and the prior-year period.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.20

Ticker Sentiment

BFLY0.15