Butterfly Network (BFLY) Tops Q1 EPS by 2c
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Butterfly Network Reports First Quarter 2023 Financial Results
May 11, 2023 8:05 AM EDTReports revenue in-line with guidance while reducing cash operating expense by 30%
BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)-- Butterfly Network, Inc. (NYSE: BFLY) (Butterfly or the Company), a digital health company transforming care with handheld, whole-body ultrasound, today announced financial results for the quarter ended March 31, 2023, and provided a business update.
Highlights
Reported total revenue of $15.5 million for the first quarter of 2023, flat to the first quarter ended March 31, 2022. Received FDA clearance of our groundbreaking, AI-enabled Auto B-Line Counter,... More