Butterfly Network (BFLY) Set to Announce Earnings on Wednesday

Butterfly Network (NYSE:BFLY) is set 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 that are interested in registering for the company’s earnings conference call can do so using this link.

Butterfly Network (NYSE:BFLY) last posted its quarterly earnings data on Wednesday, February 28th. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.09). The firm had revenue of $16.52 million for the quarter, compared to analysts’ expectations 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 4.0 %

Butterfly Network stock opened at $0.81 on Tuesday. The firm has a market capitalization of $168.56 million, a PE ratio of -1.25 and a beta of 2.04. Butterfly Network has a 12-month low of $0.67 and a 12-month high of $2.71. The firm has a 50-day moving average price of $1.02 and a 200-day moving average price of $1.01.

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.