Butterfly Network Inc reports results for the quarter ended June 30 - Earnings Summary

Butterfly Network

01/08/2025 14:32

Butterfly Network Inc BFLY.N reported a quarterly adjusted loss of 6 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -7 cents.  The mean expectation of five analysts for the quarter was for a loss of 7 cents per share. Wall Street expected results to range from -8 cents to -6 cents per share.

Revenue rose 8.8% to $23.38 million from a year ago; analysts expected $23.72 million.

Butterfly Network Inc's reported EPS for the quarter was a loss of 6 cents​.

The company reported a quarterly loss of $13.83 million.

Butterfly Network Inc shares had fallen by 14.5% this quarter and lost 45.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 5% 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 "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the advanced medical equipment & technology peer group is also "buy"

Wall Street's median 12-month price target for Butterfly Network Inc is $3.75, about 54.4% above its last closing price of $1.71

This summary was machine generated from LSEG data August 1 at 01:31 p.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
Jun. 30 2025
-0.07
-0.06
Beat
Mar. 31 2025
-0.08
-0.06
Beat
Dec. 31 2024
-0.10
-0.08
Beat
Sep. 30 2024
-0.09
-0.08
Beat