Butterfly Network crushed Q2 with $32.6M in revenue, up 40% year over year, while its licensing arm drove gross margins to 71.4%, widening the path to profitability and prompting a full-year guidance hike to $119M to $123M in sales.
Butterfly Network :
BFLY
BFLY
Stock Data
$8.83
$0.53 (6.39%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
HEALTHCARE
Industry
MEDICAL DEVICES
Butterfly Network Inc is a pioneer in the healthcare technology sector, specializing in advanced ultrasound imaging solutions. With its flagship product, the Butterfly iQ, a handheld device capable of whole body ultrasound, the company revolutionizes point-of-care diagnostics. It connects seamlessly with smartphones, tablets, and hospital systems, offering a comprehensive platform, Butterfly Blueprint, for integrating ultrasound into healthcare infrastructures. Founded in 2011 and based in Burlington, Massachusetts, Butterfly Network also offers cloud-based software, educational resources through Butterfly Academy, and professional support, catering to healthcare providers worldwide.
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