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Butterfly Network Inc - BFLY STOCK NEWS

Welcome to our dedicated news page for Butterfly Network (Ticker: BFLY), a resource for investors and traders seeking the latest updates and insights on Butterfly Network.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Butterfly Network's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Butterfly Network's position in the market.

Rhea-AI Summary
Myomo, Inc. (NYSE American: MYO) appoints Heather Getz as a Class II director and chair of its audit committee, bringing extensive corporate experience to the board. Ms. Getz's background in finance, healthcare, and strategic planning will aid Myomo's growth as it accelerates its development in wearable medical robotics.
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management
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Rhea-AI Summary
Butterfly Network, Inc. attains EU MDR certification for Butterfly iQ+ ultrasound system, enabling the release of advanced features like Pulse Wave Doppler and Auto B-Line Counter to European customers. The company plans to launch these functionalities within the second quarter of 2024, paving the way for the upcoming Butterfly iQ3 device in Europe.
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Rhea-AI Sentiment
End-of-Day
4.63%
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Rhea-AI Summary
Butterfly Network, Inc. (NYSE: BFLY) aims for revenue exceeding $500 million by 2030 and to achieve cash flow breakeven by the end of 2027. The company introduced plans to expand into new markets, including HomeCare Services, with phased rollouts for bladder and lung care. Butterfly showcased its next-generation wearable devices and strategic partnerships in AI applications. The CEO emphasized the company's leadership in the digital ultrasound revolution and its readiness to serve all point-of-care ultrasound use cases.
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News
Rhea-AI Summary
Butterfly Network, Inc. (BFLY) to host Investor Day at NYSE, showcasing handheld ultrasound technology and software.
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End-of-Day
0.93%
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Rhea-AI Summary
Butterfly Network, Inc. (BFLY) announced participation in the Oppenheimer 34th Annual Healthcare MedTech & Services Conference. Joseph DeVivo and Heather Getz will lead a fireside chat and one-on-one investor meetings, emphasizing their digital health innovations.
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-1.75%
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conferences
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Rhea-AI Summary
Butterfly Network, Inc. (BFLY) announces strong financial results for 2023, with $65.9 million in revenue, cost savings of over $170 million, and new product launches positioning the company for growth. The launch of the iQ3 ultrasound system and ScanLab app, along with upcoming initiatives, sets the stage for continued success in 2024 and beyond.
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-19.59%
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earnings
Rhea-AI Summary
Butterfly Network, Inc. (NYSE: BFLY) will participate in the TD Cowen 44th Annual Health Care Conference in Boston on March 5, 2024. Joseph DeVivo and Heather Getz will present the company's handheld ultrasound technology and software. Investors can schedule one-on-one meetings with the executives.
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3.55%
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Rhea-AI Summary
Butterfly Network, Inc. (BFLY) will host an Investor Day on March 18, 2024, at the New York Stock Exchange. The event will showcase their product portfolio, strategic initiatives, and new Butterfly iQ3™. Key executives will present, along with strategic partners introducing AI tools and products in development.
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End-of-Day
-2.48%
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conferences
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Rhea-AI Summary
Butterfly Network, Inc. (NYSE: BFLY) will report Q4 and full year 2023 financial results on February 28, 2024. An Investor Day is scheduled for March 18, 2024, at the New York Stock Exchange, showcasing the latest ultrasound technology and co-developed products.
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-6.19%
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conferences earnings
Rhea-AI Summary
Butterfly Network, Inc. launches Butterfly iQ3, a third-generation handheld point-of-care ultrasound system powered by advanced semiconductor chip technology. The device offers unparalleled image quality, faster micro-beamforming, and new 3D imaging capabilities. Butterfly iQ3 is available for purchase in the United States at $3,899 plus membership, aiming to revolutionize point-of-care ultrasound with enhanced comfort, efficiency, and innovative tools.
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Rhea-AI Sentiment
End-of-Day
-6.08%
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Butterfly Network Inc

NYSE:BFLY

BFLY Rankings

BFLY Stock Data

224.78M
152.61M
14.88%
43.27%
9.56%
Irradiation Apparatus Manufacturing
Manufacturing
Link
United States
Burlington

About BFLY

butterfly network operates at the cutting edge of multiple engineering and scientific disciplines and strives to bring together world-class talent in computer science, physics, and electrical engineering. the company is privately held and well funded by a small group of extraordinarily successful serial entrepreneurs. the company is in the rare position of being able to focus 100% of its efforts on product and intellectual property development rather than fundraising.