Butterfly Network Reports First Quarter 2021 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
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