Butterfly Network

Butterfly Network, Inc. designs a medical imaging device that reduces the cost of real-time and three-dimensional imaging and treatment. It develops and provides a whole-body portable ultrasound scanner called the iQ Device and related hosted, web-based application, application programming interfaces and platform services, which the firm offer to physicians or other licensed health care providers. Its products include iQ+ Ultrasound, Butterfly Enterprise and iQ Vet. The company was founded by Jonathan M. Rothberg on January 25, 2011 and is headquartered in Burlington, MA.

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Butterfly Network reports Q4 growth, seeks CEO for tech scaling

Butterfly Network's Q4 2022 performance showed revenue growth and improved cost management.
The company's strengths lie in democratizing healthcare, international expansion, and cost efficiency.
Challenges include external factors affecting deployments and the ongoing CEO search.
Opportunities for growth include revenue expectations, product developments, and efficiency enhancements.

Butterfly Network reports stable Q1 revenue, eyes AI and home markets

Butterfly Network's Q1 2023 performance showed mixed results with flat revenue but improved margins and reduced EBITDA loss.
The company's strengths in democratizing medical imaging, AI utilization, and strong cash position position it well for future growth.
Challenges include product revenue decline, slower customer growth, and the need to address international distribution weaknesses.
Opportunities in AI, software expansion, home market penetration, and exciting developments offer avenues for future success.

Butterfly Network reports Q2 revenue, focuses on innovation and growth

Butterfly Network's Q2 2023 performance showed mixed results with growth in U.S. sales but a decline in international sales.
The company is leveraging core strengths, launching innovative products, and focusing on revenue growth initiatives.
Challenges include declining international sales and potential impact on current sales due to the upcoming iQ3 launch.
Opportunities lie in new product launches, e-commerce strategy, market expansion, and technology advancements beyond iQ3.

Butterfly Network reports Q3 revenue decline but eyes future growth

Butterfly Network's Q3 2023 performance reflects a strategic shift towards higher-margin offerings and improved operational efficiency.
The company's strengths in revolutionizing ultrasound imaging, education offerings, and partnerships position it for future growth.
Challenges include revenue decline, competitive landscape, and the need for sustained investment in R&D and operational improvements.
Opportunities in upcoming product launches, market expansion, and revenue-sharing agreements present avenues for growth and innovation.

Butterfly Network reports improved Q4 financials and plans expansion

Butterfly Network's financials improved in Q4 2023 with revenue decline but better margins.
Strategic focus on product innovation, global expansion, and revenue growth drivers.
Challenges include revenue decline, EBITDA loss, and potential regulatory impacts.
Opportunities lie in planned growth strategies, resource additions, and lobbying efforts.

Butterfly Network excels in Q1 2024, eyes global expansion

Butterfly Network's Q1 2024 showcased strong revenue growth and operational improvements.
While facing challenges with compliance and financial losses, the company is optimistic about growth.
Strategic priorities and innovative technologies position Butterfly for future success and market expansion.

Butterfly Network reports robust Q2 growth, eyes AI opportunities

Butterfly Network's Q2 performance reflects strong revenue growth, improved cost efficiency, and a positive outlook for the year. The company's strengths in sustainable revenue growth, AI advancements, and strategic partnerships enhance its competitive position. Challenges in regulatory compliance and market expansion require careful navigation, while opportunities in AI, partnerships, and clinical applications offer avenues for growth.

Butterfly Network posts robust Q3 results, eyes tech innovation for growth

Butterfly Network's Q3 2024 performance reflects strong revenue growth, improved profitability, and strategic initiatives for future expansion and innovation.
While facing challenges in managing EBITDA losses and regulatory compliance, the company's financial strength and growth outlook present a positive trajectory.
Opportunities in technological innovation, market expansion, and healthcare initiatives position Butterfly Network for sustained growth and competitive advantage in the industry.

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BRISBANE, Calif., OXFORD, England and GUILFORD, Conn.

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GUILFORD, Conn. & NEW YORK--(BUSINESS WIRE)--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”), an innovative digital health company that is working to democratize medical imaging and improve global health equity, announced that it will report third quarter 2021 financial results and provide a business update on November 15, 2021, before the market opens. Dr. Todd Fruchterman, President and Chief Executive Officer, and Stephanie Fielding, Chief Financial Officer, will host a conference call an

Butterfly Network, Inc. to Report Third Quarter 2021 Financial Results on November 15, 2021

Quantum-Si

GUILFORD, Conn.--(BUSINESS WIRE)-- #Covid19--Detect™, Inc., a Connecticut-based health technology company, announced today that the National Institutes of Health (NIH) has selected the Detect™ Covid-19 Test to receive funding from the highly competitive Rapid Acceleration of Diagnostics Initiative (RADxSM). The $8.1 million contract will facilitate the development and scale up manufacturing of Detect's PCR-quality rapid at-home Covid-19 test to meet national testing demand. The Detect Covid-19 Test, curre

Detect™ Selected by NIH to Scale Manufacturing of PCR-Quality Rapid At-Home Covid-19 Test

GUILFORD, Conn. & NEW YORK--(BUSINESS WIRE)---- $BFLY #ButterflyiQ--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”), an innovative digital health company that is working to democratize medical imaging and improve global health equity, was one of 53 companies named to Fortune's 2021 Change the World list. Butterfly has created iQ+, an advanced assessment tool that allows ultrasound to be part of everyday clinical decision-making, enabling healthcare practitioners to make more informed decisions earlier, regardless

Butterfly Network Named to Fortune's 2021 Change the World List

GUILFORD, Conn. & NEW YORK--(BUSINESS WIRE)---- $BFLY #ButterflyVet--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”), an innovative digital health company that is working to democratize medical imaging and improve global health equity, is ushering in the next big shift in veterinary medicine with the launch of the new Butterfly iQ+ Vet. The second-generation device brings sharper imaging, a new procedural guidance tool, and hardware improvements that make the solution more powerful, versatile, and easy-to-use. “Vet

Butterfly Network Releases iQ+ Vet Ultrasound, the Next Big Shift in Veterinary Medicine, with International Expansion and New Partners

The healthcare equipment start-up got caught up in market volatility last month.

Why Butterfly Network Was Down 15.5% in September

GUILFORD, Conn. & NEW YORK--(BUSINESS WIRE)--Butterfly Network (NYSE:BFLY) announces key appointments with the addition of Dr. Erica Schwartz to the Board and Troy Quander to management.

Butterfly Network Announces Key Appointments to the Board and Management

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This tiny manufacturer of handheld ultrasound devices has an edge over the competition.

3 Reasons to Buy Butterfly Networks Right Now

Revenues are growing sharply. Profit margins are strong but operational expenses are high and this is weighing on profit potential.

Butterfly Network: Buying Under $10 Again

GUILFORD, Conn. & NEW YORK & BRISBANE, Calif.--(BUSINESS WIRE)---- $BFLY--Butterfly Network, Inc. (NYSE: BFLY), manufacturer of Butterfly iQ+, the world's first handheld whole-body ultrasound system with patented Ultrasound-on-Chip™ technology and comprehensive software platform, and Caption Health, creator of Caption AI, the world's first and only FDA-cleared AI-guided ultrasound software, today announced that they have entered into an exclusive strategic partnership. For a broad set of healthcare profe

Butterfly Network and Caption Health Announce Exclusive Strategic Partnership to Enable Earlier Disease Detection and Management With AI-Based Guidance and Diagnostics

Butterfly Network, Inc. (BFLY) CEO Todd Fruchterman on Q2 2021 Results - Earnings Call Transcript

GUILFORD, Conn. & NEW YORK--(BUSINESS WIRE)--Butterfly Network Reports Second Quarter 2021 Financial Results

Butterfly Network Reports Second Quarter 2021 Financial Results

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GUILFORD, Conn. & NEW YORK--(BUSINESS WIRE)--Butterfly Network, Inc. to Report Second Quarter 2021 Financial Results on August 9, 2021

Butterfly Network, Inc. to Report Second Quarter 2021 Financial Results on August 9, 2021

GUILFORD, Conn. & NEW YORK--(BUSINESS WIRE)--Butterfly Network Appoints Dr. Andrei Stoica and David Ramsey as Chief Technology Officer and Chief Information Officer, respectively.

Butterfly Appoints Two New Leaders to Drive Innovation and Health Technology Solutions

Cowen initiates coverage of the ultrasound-device maker with an outperform rating.

Why Butterfly Network Stock Flew Higher Today

GUILFORD, Conn. & NEW YORK--(BUSINESS WIRE)--Butterfly Network (NYSE: BFLY) (“Butterfly”), an innovative digital health company that is working to democratize medical imaging and contribute to the aspiration of global health equity, today announced its participation in the Cowen 6th Annual FutureHealth Conference, a virtual event taking place June 16-17, 2021. Dr. Todd Fruchterman, President and CEO, Stephanie Fielding, Chief Financial Officer, and Dr. John Martin, Chief Medical Officer, will p

Butterfly Network to Present at the Cowen 6th Annual FutureHealth Conference

BURLINGTON, Mass.--(BUSINESS WIRE)---- $BFLY--The Town of Burlington, Massachusetts and Butterfly Network, Inc. (NYSE: BFLY) ("Butterfly") are pleased to announce that Butterfly, an innovative digital health company with a mission to democratize access to medical imaging, will build its brand-new corporate headquarters at The District Campus in Burlington. “We're excited to welcome a company like Butterfly at The District,” said Town Administrator, Paul Sagarino. “For years, Burlington has been at the fo

Digital Health Company Butterfly Network to Build New Corporate Headquarters in Burlington

HOUSTON & GUILFORD, Conn. & NEW YORK--(BUSINESS WIRE)---- $BFLY--Headed for the International Space Station on June 3, the 22nd SpaceX Dragon cargo resupply payload will include a Butterfly iQ, the world's first handheld, single-probe whole-body ultrasound system using semiconductor technology. This tool was developed by Butterfly Network, Inc. (NYSE: BFLY), an innovative digital health company that is working to democratize medical imaging and contribute to the aspiration of global health equity. The Tr

The Butterfly iQ Catches a Ride on the SpaceX Dragon to Space

GUILFORD, Conn. & NEW YORK--(BUSINESS WIRE)---- $BFLY--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”) announced today that its second-generation iQ+ has been approved for a Class III Medical Device License in Canada. The iQ+ features the world's only Ultrasound-on-Chip™ technology, with several hardware and software advances designed to improve usability and care delivery. “We are excited that the Butterfly iQ+ will now be available for purchase by Canadian medical professionals,” said Todd Fruchterm

Butterfly Network Advances Medical Imaging in Canada with Butterfly iQ+

Despite on-target revenue growth, investors were not convinced about the medical device company's growth plans.

Wall Street Flies Away From Butterfly Networks After Its Second Earnings Report

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SAN DIEGO, & OXFORD, England--(BUSINESS WIRE)--Tyler Ralston, PhD, has joined ONI as Chief Technology Officer (CTO) to provide strategic vision and oversee R&D for advancing ONI's technology.

ONI Welcomes Dr Tyler Ralston as Chief Technology Officer

Butterfly Network, Inc. (BFLY) CEO Todd Fruchterman on Q1 2021 Results - Earnings Call Transcript

News for Butterfly Network Stock (BFLY)