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Butterfly Network Reports Third Quarter 2021 Financial Results
November 15, 2021 8:00 AM ESTYear-over-Year Revenue Growth of 44% Driven by Commercial Expansion
GUILFORD, Conn. & NEW YORK--(BUSINESS WIRE)-- Butterfly Network, Inc. (NYSE: BFLY) (Butterfly), an innovative digital health company that is working to democratize medical imaging and improve global health equity, today announced financial results for the quarter ended September 30, 2021, and provided a business update.
Third Quarter 2021 Highlights:
Reported revenue of $14.6 million for the quarter ended September 30, 2021, representing a 44.3% increase from $10.1 million in the third quarter of 2020. Reported gross profit of negative $5.1 million and gross margin... More