Butterfly Network Reports Third Quarter 2023 Financial Results
Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly” or the “Company”), a digital health company transforming care with handheld, whole-body ultrasound and intuitive software, today announced financial results for the quarter ended September 30, 2023, and provided a business update.
- Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly” or the “Company”), a digital health company transforming care with handheld, whole-body ultrasound and intuitive software, today announced financial results for the quarter ended September 30, 2023, and provided a business update.
- Forest Neurotech Agreement: On October 24, 2023, Butterfly announced that it had entered into a five-year co-development agreement with Forest Neurotech.
- Three Months Ended September 30, 2023 Financial Results
Revenue: Total revenue was $15.4 million, down from $19.6 million in the third 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 third quarter 2023 financial results and provide a business update is scheduled for November 2, 2023, at 4:30 pm Eastern Time.