Butterfly Network Affirms FY24 Revenue $75M-$80M Vs $76.33M Est.
Portfolio Pulse from Benzinga Newsdesk
Butterfly Network has affirmed its revenue guidance for FY24 at $75M-$80M, aligning with estimates. The company also improved its adjusted EBITDA guidance by $5M, projecting a loss of $50M-$45M.
August 01, 2024 | 9:43 pm
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Butterfly Network has affirmed its FY24 revenue guidance at $75M-$80M, aligning with estimates, and improved its adjusted EBITDA guidance by $5M.
Affirming revenue guidance and improving EBITDA guidance are positive signals for investors, indicating the company is on track with its financial goals and managing expenses better than expected.
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