Butterfly Network (NYSE:BFLY) reported its Q1 earnings results on Thursday, May 11, 2023 at 08:05 AM.

Here's what investors need to know about the announcement.

Earnings

Butterfly Network beat estimated earnings by 19.05%, reporting an EPS of $-0.17 versus an estimate of $-0.21.

Revenue was down $98 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 8.94% drop in the share price the next day.

Here's a look at Butterfly Network's past performance:

To track all earnings releases for Butterfly Network visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.