Butterfly Network Q1 2024 Adj EPS $(0.07) Beats $(0.12) Estimate, Sales $17.656M Beat $16.800M Estimate
Portfolio Pulse from Benzinga Newsdesk
Butterfly Network reported Q1 2024 adjusted EPS of $(0.07), surpassing the $(0.12) estimate, and sales of $17.656M, exceeding the $16.800M forecast. This represents a 36.36% improvement in EPS and a 14.09% increase in sales year-over-year.
May 01, 2024 | 8:18 pm
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POSITIVE IMPACT
Butterfly Network beats Q1 2024 EPS and sales estimates, showing strong year-over-year growth.
Beating both EPS and sales estimates indicates strong financial performance and operational efficiency, likely leading to positive investor sentiment and potential stock price increase in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100