Butterfly Network (BFLY) Scheduled to Post Earnings on Wednesday

Butterfly Network (NYSE:BFLY) is scheduled to post its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect Butterfly Network to post earnings of ($0.12) per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Butterfly Network (NYSE:BFLY) last issued its quarterly earnings results on Wednesday, February 28th. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.09). The business had revenue of $16.52 million for the quarter, compared to analyst estimates of $15.98 million. Butterfly Network had a negative return on equity of 50.87% and a negative net margin of 202.88%. On average, analysts expect Butterfly Network to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Butterfly Network Trading Up 2.6 %

Shares of NYSE:BFLY opened at $0.74 on Wednesday. The firm’s fifty day moving average is $1.05 and its 200-day moving average is $1.01. Butterfly Network has a 52 week low of $0.72 and a 52 week high of $2.71.

About Butterfly Network

Butterfly Network, Inc 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.