Butterfly Network Q3 2024 GAAP EPS $(0.08) Beats $(0.09) Estimate, Sales $20.56M Beat $19.01M Estimate
Portfolio Pulse from Benzinga Newsdesk
Butterfly Network reported better-than-expected Q3 2024 results with a GAAP EPS of $(0.08), beating the estimate of $(0.09), and sales of $20.56M, surpassing the $19.01M estimate. Sales increased by 33.33% compared to the same period last year.
November 01, 2024 | 10:32 am
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Butterfly Network's Q3 2024 results exceeded expectations with a GAAP EPS of $(0.08) and sales of $20.56M, both beating analyst estimates. Sales grew by 33.33% year-over-year.
The company's better-than-expected earnings and revenue figures are likely to positively impact the stock price in the short term. Beating both EPS and sales estimates indicates strong performance, and the significant year-over-year sales growth further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100