Butterfly Network Reports First Quarter 2021 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
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