Butterfly Network (BFLY) to Release Earnings on Wednesday

Butterfly Network (NYSE:BFLY) will be releasing its earnings data after the market closes on Wednesday, May 1st. Analysts expect Butterfly Network to post earnings of ($0.12) per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Butterfly Network (NYSE:BFLY) last announced its quarterly earnings data on Wednesday, February 28th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.09). Butterfly Network had a negative net margin of 202.88% and a negative return on equity of 50.87%. The firm had revenue of $16.52 million during the quarter, compared to the consensus estimate of $15.98 million. On average, analysts expect Butterfly Network to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Butterfly Network Price Performance

Shares of BFLY opened at $0.78 on Monday. The firm has a 50 day simple moving average of $1.03 and a two-hundred day simple moving average of $1.01. The company has a market cap of $162.09 million, a P/E ratio of -1.20 and a beta of 2.04. Butterfly Network has a one year low of $0.67 and a one year high of $2.71.

About Butterfly Network

Butterfly Network, Inc develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally. It offers Butterfly iQ, a handheld and single-probe whole body ultrasound system; Butterfly iQ+ and iQ3 ultrasound devices that can perform whole-body imaging in a single handheld probe integrated with the clinical workflow, and accessible on a user's smartphone, tablet, and almost any hospital computer system; and Butterfly iQ+ Vet, a handheld ultrasound system designed for veterinarians.