Butterfly Network Q3 2023 Earnings Report

Butterfly Network EPS Results

• Actual EPS: -$0.13
• Consensus EPS: -$0.15
• Beat/Miss: Beat by +$0.02
• One Year Ago EPS: N/A

Butterfly Network Revenue Results

• Actual Revenue: $15.42 million
• Expected Revenue: $15.16 million
• Beat/Miss: Beat by +$260.00 thousand
• YoY Revenue Growth: N/A

Butterfly Network Announcement Details

• Quarter: Q3 2023
• Date: 11/2/2023
• Time: N/A

Butterfly Network (NYSE:BFLY) develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally. It offers Butterfly iQ, a handheld and single-probe whole body ultrasound system; Butterfly iQ+ and iQ3 ultrasound devices that can perform whole-body imaging in a single handheld probe integrated with the clinical workflow, and accessible on a user's smartphone, tablet, and almost any hospital computer system; and Butterfly iQ+ Vet, a handheld ultrasound system designed for veterinarians. The company also provides Butterfly system, which includes probes, and related accessories and software subscriptions to healthcare systems, physicians, and healthcare providers through a direct sales force, distributors, and eCommerce channel. In addition, it offers cloud-based software solutions to healthcare systems, teleguidance, in-app educational tutorials, and formal education programs through its Butterfly Academy software, as well as professional services for large scale deployments; and ScanLab, an education-only app provides written walkthroughs and reference imagery to guide real-time educational scanning, enhancing the learning process. Butterfly Network, Inc. was founded in 2011 and is headquartered in Burlington, Massachusetts.