Butterfly Network Reports First Quarter 2021 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Butterfly Network (BFLY) Reports Q1 Loss of $0.01 on Revenues of $12.4M; Provides FY21 Revenues Outlook
May 13, 2021 8:02 AM EDTButterfly Network (NYSE: BFLY) reported Q1 EPS of ($0.01), versus ($4.07) reported last year. Revenue for the quarter came in at $12.4 million, versus $8.7 million reported last year.
First Quarter 2021 Highlights:
Reported revenue of $12.4 million in the first quarter of 2021, compared to $8.7 million in the first quarter of 2020.Reported gross profit of $6.4 million and a gross margin of 51.6%. Adjusted gross margin of 47.8%.Made significant investments in the commercial team, including doubling the sales force, as the company continued to expand its market presence.Built a... More