Butterfly Network Inc reports results for the quarter ended in December - Earnings Summary

Butterfly Network

28/02/2023 15:11

* Butterfly Network Inc  BFLY.N  reported a quarterly
adjusted
loss of 17 cents​​ per share for the quarter ended in December.
The mean expectation of three analysts for the quarter was for a
loss of 22 cents per share.
    * Revenue fell 0% to $18.98 million from a year ago;
analysts
expected $19.93 million. 
    * Butterfly Network Inc's reported EPS for the quarter was a
loss
of 17 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Butterfly Network Inc shares had fallen by 9.8% this
quarter.
    * The company reported a quarterly loss of $33.7 million.
    * Wall Street's median 12-month price target for Butterfly
Network
Inc is $6.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
28 at 03:11 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.22          -0.17          Beat
 Sep. 30 2022      -0.24          -0.27          Missed
 Jun. 30 2022      -0.27          -0.18          Beat
 Mar. 31 2022      -0.25          -0.22          Beat