BN

Butterfly Network

BFLY
NYSEHealth Care
$4.81
USD
-0.12(-2.34%)
At close: Apr 30, 18:32 UTC
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Open

$4.82

Prev. Close

$4.82

High

$4.83

Low

$4.80

Market Snapshot

Market Cap

$1.24B

P/E Ratio

-16.1

EPS

-0.33

Revenue

$82.06M

Employees

220

Why BFLY moved

Butterfly Network appointed Dr. Arun Nagdev as CMO, while shares surged 31.63% following their recent earnings call discussing first-quarter financial results.

About

Butterfly Network, Inc. designs a medical imaging device that reduces the cost of real-time and three-dimensional imaging and treatment. The company is headquartered in Burlington, Massachusetts and currently employs 220 full-time employees. The company went IPO on 2020-05-26. The firm's solution, leveraging its Ultrasound-on-Chip technology, enables the practical application of ultrasound information into the clinical workflow. Its product portfolio includes a combination of hardware and software, including Butterfly iQ3, Butterfly iQ+, Butterfly iQ+ Bladder, and Butterfly iQ+ Vet devices, software subscriptions, and professional services. The company offers cloud-based software solutions to healthcare systems, teleguidance, in-app educational tutorials as well as its ScanLab education-only app, formal education programs through its Butterfly Academy software and Butterfly Certified courses, as well as professional services for large scale deployments. Its devices are commercially available to trained healthcare practitioners in areas including, but not limited to, parts of Africa, Asia, and Australia.

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