Butterfly Network Inc - Class A logo

BFLY

Butterfly Network Inc - Class A

$6.06

Earnings Summary

Revenue
$19.22Mn
Net Profits
$-35.8Mn
Net Profit Margins
-186.32%

Highlights

Revenue:

Butterfly Network Inc - Class A’s revenue jumped 16.36% since last year same period to $19.22Mn in the Q2 2022. On a quarterly growth basis, Butterfly Network Inc - Class A has generated 23.38% jump in its revenue since last 3-months.

Net Profits:

Butterfly Network Inc - Class A’s net profit fell -1116.89% since last year same period to $-35.8Mn in the Q2 2022. On a quarterly growth basis, Butterfly Network Inc - Class A has generated 19.51% jump in its net profits since last 3-months.

Net Profit Margins:

Butterfly Network Inc - Class A’s net profit margin fell -945.77% since last year same period to -186.32% in the Q2 2022. On a quarterly growth basis, Butterfly Network Inc - Class A has generated 34.76% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Butterfly Network Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
-0.27
EPS Estimate Current Year
-0.27

Highlights

EPS Estimate Current Quarter:

Butterfly Network Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at -0.27 - a -8% fall from last quarter’s estimates.

EPS Estimate Current Year:

Butterfly Network Inc - Class A’s earning per share (EPS) estimates for the current year stand at -0.27.

Key Ratios

Key ratios of the Butterfly Network Inc - Class A post its Q2 2022 earnings

Earning Per Share (EPS)
-0.18
Return on Assets (ROA)
-0.21
Return on Equity (ROE)
-0.26
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Butterfly Network Inc - Class A’s earning per share (EPS) fell -800% since last year same period to -0.18 in the Q2 2022. This indicates that the Butterfly Network Inc - Class A has generated -800% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Butterfly Network Inc - Class A’s return on assets (ROA) stands at -0.21.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Butterfly Network Inc - Class A’s return on equity (ROE) stands at -0.26.

Dividend Per Share (DPS):

Butterfly Network Inc - Class A declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-30
-0.27
-0.18
33.33%
2022-05-06
-0.25
-0.22
12%

Company Information

Founded by Dr. Jonathan Rothberg in 2011, Butterfly has created the world's first handheld, single-probe whole-body ultrasound system using its patented Ultrasound-on-Chip™ semiconductor technology. Butterfly's mission is to democratize medical imaging and contribute to the aspiration of global health equity, including for the 4.7 billion people around the world lacking access to ultrasound. Butterfly is paving the way for earlier detection and remote management of health conditions around the world. The Butterfly iQ can be purchased today by healthcare practitioners in the United States, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, New Zealand, Norway, Poland, Portugal, Spain, Sweden, Switzerland, and the United Kingdom. Butterfly iQ is a prescription device intended for trained and qualified healthcare professionals only.

Organisation
Butterfly Network Inc - Class A
Employees
260