Butterfly Network Reports Third Quarter 2024 Financial Results
Butterfly Network, Inc. Class A (BFLY)
Company Research
Source: Business Wire
Delivered Quarterly Revenue of $20.6mm, 33% YoY GrowthRaises Full Year Revenue and Adjusted EBITDA GuidanceDelivered quarterly Revenue of $20.6 million in Q3, representing 33% YoY growthReduced Q3 Net Loss by 38% and Net Cash Used in Operations by 50%Launched iQ3 in Europe and opened new markets in Indonesia, the Netherlands, and BelgiumAnnounced the formation of Octiv™, a wholly owned subsidiary focused on bringing Butterfly’s chip to new sectors BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly” or the “Company”), a digital health company transforming care with portable, semiconductor-based ultrasound technology and intuitive software, today announced financial results for the third quarter ended September 30, 2024, and provided a business update.Joseph DeVivo, Butterfly's President, Chief Executive Officer and Chairman commented, “The Butterfly team is proud to report a fifth consecutive quarter in which we met or exceeded expectatio
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BFLY
News
- Butterfly Network to Participate at the Virtual BTIG Digital Health Forum on November 25, 2024Business Wire
- Butterfly Network's iQ3™ Honored as the Best Medical Technology at 2024 Prix Galien USA Awards [Yahoo! Finance]Yahoo! Finance
- Butterfly Network’s iQ3™ Honored as the Best Medical Technology at 2024 Prix Galien USA AwardsBusiness Wire
- Butterfly Network to Participate at the Canaccord Genuity MedTech, Diagnostics and Digital Health & Services Forum on November 21, 2024Business Wire
- Point-of-care ultrasound: addressing the barriers to wider adoption [Yahoo! Finance]Yahoo! Finance
BFLY
Earnings
- 11/1/24 - Beat
BFLY
Sec Filings
- 11/1/24 - Form 10-Q
- 11/1/24 - Form 8-K
- 10/3/24 - Form 4
- BFLY's page on the SEC website