Butterfly Network (BFLY) Projected to Post Quarterly Earnings on Friday
Butterfly Network (NYSE:BFLY) is set to release its Q1 2025 earnings on May 2, with analysts predicting a loss of $0.09 per share and revenue of $21.16 million. The stock opened at $2.48, with a market cap of $602.45 million and a price-to-earnings ratio of -5.39. William Blair has initiated coverage with an "outperform" rating. The company specializes in ultrasound imaging solutions, including the handheld Butterfly iQ system.
Butterfly Network (NYSE:BFLY - Get Free Report) is expected to release its Q1 2025 earnings data before the market opens on Friday, May 2nd. Analysts expect the company to announce earnings of ($0.09) per share and revenue of $21.16 million for the quarter.
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Butterfly Network Trading Up 2.9 %
- Can Butterfly Network Spread its Wings in 2023?
NYSE:BFLY opened at $2.48 on Friday. The company has a 50-day moving average price of $2.80 and a 200-day moving average price of $3.03. The stock has a market cap of $602.45 million, a price-to-earnings ratio of -5.39 and a beta of 2.60. Butterfly Network has a 12 month low of $0.67 and a 12 month high of $4.98.
Wall Street Analyst Weigh In
Separately, William Blair initiated coverage on shares of Butterfly Network in a report on Monday, March 17th. They issued an "outperform" rating for the company.
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About Butterfly Network
(Get Free Report)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.
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