Butterfly Network: Q1 Earnings Insights

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Butterfly Network BFLY reported its Q1 earnings results on Thursday, May 11, 2023 at 08:05 AM.

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

Earnings

Butterfly Network beat estimated earnings by 19.05%, reporting an EPS of $-0.17 versus an estimate of $-0.21.

Revenue was down $98 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 8.94% drop in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.22 -0.24 -0.27 -0.25
EPS Actual -0.17 -0.27 -0.18 -0.22
Revenue Estimate 19.93M 21.40M 19.10M 17.70M
Revenue Actual 18.98M 19.62M 19.21M 15.57M

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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