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

Butterfly Network

03/08/2022 20:31

* Butterfly Network Inc  BFLY.N  reported a quarterly
adjusted
loss of 18 cents​​ per share for the quarter ended in June. The
lone analyst forecast for the quarter was for a loss of 27 cents
per share.
    * Revenue rose 16.4% to $19.22 million from a year ago;
analysts
expected $19.10 million. 
    * The mean earnings estimate of analysts had risen by
about 6.9%
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 risen by 58.3% this
quarter and
lost 27.4% so far this year.
    * The company reported a quarterly loss of $35.8 million.
    * Wall Street's median 12-month price target for Butterfly
Network
Inc is $7.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 3
at 07:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.27          -0.18          Beat
 Mar. 31 2022      -0.25          -0.22          Beat
 Dec. 31 2021      -0.26          -0.08          Beat
 Sep. 30 2021      -0.25          -0.07          Beat