Butterfly

Butterfly Network Reports Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, August 3, 2023

Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly” or the “Company”), a digital health company transforming care with handheld, whole-body ultrasound, today announced financial results for the quarter ended June 30, 2023, and provided a business update.

Key Points: 
  • Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly” or the “Company”), a digital health company transforming care with handheld, whole-body ultrasound, today announced financial results for the quarter ended June 30, 2023, and provided a business update.
  • Reported total revenue of $18.5 million for the second quarter of 2023, a 3.8% decrease from $19.2 million for the second quarter of 2022, and significantly reduced losses.
  • Generated 58% growth in enterprise software annual recurring revenue, which has been a focus area for the Company, for the second quarter of 2023 compared to the second quarter of 2022.
  • An explanation of these non-GAAP financial measures is also included below under the heading “Non-GAAP Financial Measures.”
    A conference call to review the second quarter 2023 financial results and provide a business update is scheduled for August 3, 2023, at 8:30 am Eastern Time.

Butterfly Network launches “Butterfly Garden” AI Marketplace for custom AI applications

Retrieved on: 
Wednesday, August 2, 2023

The SDK can be leveraged by artificial intelligence (AI) software developers, medical device companies building ultrasound into their platforms, and telemedicine companies adding ultrasound into their virtual care workflows.

Key Points: 
  • The SDK can be leveraged by artificial intelligence (AI) software developers, medical device companies building ultrasound into their platforms, and telemedicine companies adding ultrasound into their virtual care workflows.
  • The kit will allow developers to utilize Butterfly’s platform to build custom applications that can be commercialized to Butterfly’s customer base – the largest user network in handheld point-of-care ultrasound.1 The Company ultimately plans to open “Butterfly Garden,” an AI Marketplace where new apps will be hosted for Butterfly users to discover and purchase the latest AI capabilities.
  • "As a technology-enabled software company, we’re committed to supporting mass access to AI solutions.
  • "Our aim with Butterfly Garden is to create the premier destination for hosting new and exciting AI innovation in imaging,” said Darius Shahida, Chief Strategy & Business Development Officer, Butterfly Network.

Chosen Foods Appoints Douglas MacFarlane as Chief Executive Officer

Retrieved on: 
Tuesday, August 1, 2023

Chosen Foods, America’s #1 Avocado Oil*, today announced that Douglas MacFarlane has joined the company as Chief Executive Officer (CEO), effective immediately.

Key Points: 
  • Chosen Foods, America’s #1 Avocado Oil*, today announced that Douglas MacFarlane has joined the company as Chief Executive Officer (CEO), effective immediately.
  • He joins an accomplished management team that includes Chief Growth Officer Jason Moraff and Chief Financial Officer and Chief Operating Officer Jim Mancuso, who together bring several years of experience from leading consumer brands including Kellogg’s, My/Mochi, SmartyPants Vitamins and GT’s Kombucha.
  • “I am excited to be joining the passionate team at Chosen Foods on its mission to transform the food landscape through the unparalleled consumer benefits of avocado oil," said Mr. MacFarlane.
  • “We’re excited to welcome Douglas to the Chosen Foods team.

JCPenney is Adding You to the Back-to-School Checklist

Retrieved on: 
Tuesday, July 18, 2023

“This season, we’re ensuring we provide families not only with the core items they need this school year, but also the trends and styles they want,” said JCPenney Chief Merchandising Officer Michelle Wlazlo.

Key Points: 
  • “This season, we’re ensuring we provide families not only with the core items they need this school year, but also the trends and styles they want,” said JCPenney Chief Merchandising Officer Michelle Wlazlo.
  • Sign up for JCPenney Rewards on Saturday, July 22 to receive an email with the coupon on Monday, July 24.
  • Existing JCPenney Rewards members will receive an opt-in email to receive the coupon.
  • The Wells Band is bringing a fresh twist to the timeless classic with another reimagined spin on the “We Are Family” song.

Curious Kids: can our brains sense electromagnetic waves?

Retrieved on: 
Friday, July 14, 2023

Can our brains sense electromagnetic waves?

Key Points: 
  • Can our brains sense electromagnetic waves?
  • We call the lowest energy electromagnetic waves radio waves.
  • Instead, it has to make sense of information about the electromagnetic waves that has been detected by other parts of your body.
  • A large part of the human brain is dedicated to making sense of a type of electromagnetic wave that we call “visible light”.

Kunqu Opera with echoes of Rebecca enthralls audience

Retrieved on: 
Friday, July 14, 2023

The classic Kunqu Opera the Butterfly Dream produced by Jiangsu Performing Arts Group Co., Ltd. and innovatively performed by Jiangsu Kunqu Opera Theater was staged at Zijin Grand Theatre in June.

Key Points: 
  • The classic Kunqu Opera the Butterfly Dream produced by Jiangsu Performing Arts Group Co., Ltd. and innovatively performed by Jiangsu Kunqu Opera Theater was staged at Zijin Grand Theatre in June.
  • As a rare light comedy of Kunqu Opera on the contemporary stage, it combines both banter in the classical theater and the absurdity in contemporary aesthetic expression.
  • Young Kunqu Opera artists have also developed new interpretations of traditional themes.
  • Inheriting the aesthetic characteristics of traditional Kunqu Opera, the adaptation of the Butterfly Dream has carried out creative transformation and innovative development, highlighting life philosophy through a love episode.

Kunqu Opera with echoes of Rebecca enthralls audience

Retrieved on: 
Friday, July 14, 2023

The classic Kunqu Opera the Butterfly Dream produced by Jiangsu Performing Arts Group Co., Ltd. and innovatively performed by Jiangsu Kunqu Opera Theater was staged at Zijin Grand Theatre in June.

Key Points: 
  • The classic Kunqu Opera the Butterfly Dream produced by Jiangsu Performing Arts Group Co., Ltd. and innovatively performed by Jiangsu Kunqu Opera Theater was staged at Zijin Grand Theatre in June.
  • As a rare light comedy of Kunqu Opera on the contemporary stage, it combines both banter in the classical theater and the absurdity in contemporary aesthetic expression.
  • Young Kunqu Opera artists have also developed new interpretations of traditional themes.
  • Inheriting the aesthetic characteristics of traditional Kunqu Opera, the adaptation of the Butterfly Dream has carried out creative transformation and innovative development, highlighting life philosophy through a love episode.

FirstEnergy Developing Pollinator Habitat Along Pennsylvania Transmission Line

Retrieved on: 
Thursday, July 13, 2023

GREENSBURG, Pa., July 13, 2023 /PRNewswire/ -- While performing work to strengthen the electric grid in northeastern Pennsylvania, FirstEnergy Corp. (NYSE: FE) has seeded nearly three acres of right of way along a high-voltage transmission line in Bradford and Susquehanna counties with a native seed mix designed to establish pollinator-friendly habitat.

Key Points: 
  • FirstEnergy is working to develop 225 acres of pollinator habitat across its service territory by 2025, including the creation of new habitat in transmission right of ways, at its electric substation properties and at parks and nature preserves.
  • Each year, the organization manages Pollinator Week, an annual celebration in support of pollinator health that ran from June 19-25 this year.
  • In early 2020, FirstEnergy's transmission vegetation management group established a pilot program to find opportunities to restore work areas following transmission construction projects with flowering vegetation to develop a pollinator-friendly habitat.
  • The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions.

Children have a skewed view of the natural world – but it doesn't have to be that way

Retrieved on: 
Thursday, July 13, 2023

Children’s books and TV shows are full of animals, but how well do kids really know the natural world?

Key Points: 
  • Children’s books and TV shows are full of animals, but how well do kids really know the natural world?
  • If we don’t address this, we risk leaving children with a skewed view of the natural world, which has implications for efforts to tackle biodiversity loss and climate change.
  • We counted how many different types of animal were drawn by each child, and which were drawn the most and least often.
  • We found that the children’s drawings did not reflect the make up of the natural world very well.

6 Backyarding Renovation Mistakes to Avoid, According to the TurfMutt Foundation

Retrieved on: 
Wednesday, July 12, 2023

But those looking to make improvements to their family yard for even more backyarding fun this summer need to avoid some common backyard renovation mistakes.

Key Points: 
  • But those looking to make improvements to their family yard for even more backyarding fun this summer need to avoid some common backyard renovation mistakes.
  • Here are the top backyarding renovation mistakes to avoid, according to the TurfMutt Foundation:
    Not considering your yard's full potential.
  • For more information, sign up for Mutt Mail, a monthly e-newsletter with backyarding tips and all the news from the TurfMutt Foundation here .
  • Ami Neiberger, Four Leaf PR on behalf of OPEI, 703-887-4877, [email protected]
    Debbi Mayster, Four Leaf PR on behalf of OPEI, 240-988-6243, [email protected]