Butterfly Network BFLY reported its Q4 earnings results on Wednesday, February 28, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Butterfly Network missed estimated earnings by -62.0%, reporting an EPS of $-0.21 versus an estimate of $-0.13.
Revenue was down $2.47 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 16.0% increase in the share price the next day.
Here's a look at Butterfly Network's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.14 | -0.16 | -0.21 | -0.22 |
| EPS Actual | -0.13 | -0.14 | -0.17 | -0.17 |
| Revenue Estimate | 15.28M | 18.01M | 15.80M | 19.93M |
| Revenue Actual | 15.42M | 18.49M | 15.48M | 18.98M |
To track all earnings releases for Butterfly Network visit their earnings calendar here.
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