Butterfly Network (NYSE:BFLY – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported ($0.07) EPS for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.05, Zacks reports. Butterfly Network had a negative net margin of 202.88% and a negative return on equity of 50.87%. The company had revenue of $17.66 million for the quarter, compared to analyst estimates of $17.13 million. During the same period in the prior year, the firm posted ($0.17) EPS. Butterfly Network updated its FY 2024 guidance to EPS.
Butterfly Network Stock Performance
Shares of NYSE:BFLY traded up $0.08 during trading on Thursday, reaching $0.87. The stock had a trading volume of 3,338,356 shares, compared to its average volume of 1,718,646. The firm’s fifty day moving average is $1.02 and its 200 day moving average is $1.01. Butterfly Network has a 52 week low of $0.67 and a 52 week high of $2.71. The stock has a market cap of $181.45 million, a price-to-earnings ratio of -1.35 and a beta of 2.10.
Butterfly Network Company Profile
Featured Articles
- Five stocks we like better than Butterfly Network
- What Does a Stock Split Mean?
- Meta Stock: 3 Reasons This Stumble Is a Golden Buying Opportunity
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- 3 Staples Stocks to Cushion Lower Consumer Sentiment
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Zillow’s Earnings Dip: An Opportunity for Visionaries
Receive News & Ratings for Butterfly Network Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Butterfly Network and related companies with MarketBeat.com's FREE daily email newsletter.