Recap: Butterfly Network Q4 Earnings

Butterfly Network BFLY reported its Q4 earnings results on Wednesday, February 28, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Butterfly Network missed estimated earnings by -62.0%, reporting an EPS of $-0.21 versus an estimate of $-0.13.

Revenue was down $2.47 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 16.0% increase in the share price the next day.

Here's a look at Butterfly Network's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.14 -0.16 -0.21 -0.22
EPS Actual -0.13 -0.14 -0.17 -0.17
Revenue Estimate 15.28M 18.01M 15.80M 19.93M
Revenue Actual 15.42M 18.49M 15.48M 18.98M

To track all earnings releases for Butterfly Network visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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