* Butterfly Network Inc reported a quarterly adjusted loss of 12 cents per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of -17 cents. The mean expectation of two analysts for the quarter was for a loss of 12 cents per share.
* Revenue fell 27% to $11.29 million from a year ago; analysts expected $16.80 million.
* Butterfly Network Inc's reported EPS for the quarter was a loss of 12 cents.
* The company reported a quarterly loss of $21.76 million.
* Butterfly Network Inc shares had fallen by 28.1% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 7.7% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* Wall Street's median 12-month price target for Butterfly Network Inc is $3.38
This summary was machine generated from LSEG data May 2 at 12:51 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Mar. 31 2024 -0.12 -0.12 Met
Dec. 31 2023 -0.13 -0.21 Missed
Sep. 30 2023 -0.15 -0.13 Beat
Jun. 30 2023 -0.16 -0.14 Beat
Comments