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Butterfly Network | 8-K: Butterfly Network Reports Second Quarter 2024 Financial Results

Butterfly Network | 8-K: Butterfly Network Reports Second Quarter 2024 Financial Results

Butterfly Network | 8-K：蝴蝶网络公布2024年第二季度财务业绩
美股SEC公告 ·  08/01 16:12

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On August 1, 2024, Butterfly Network, Inc. announced its financial results for the second quarter ended June 30, 2024, along with a business update. The company reported a record quarterly revenue of $21.5 million, a 16% year-over-year growth. Net loss was significantly reduced by 45%, and net cash used in operations decreased by 62%. Butterfly Network also launched the iQ3 in Canada and expanded into Southeast Asia. The company's technological advancements and strategic initiatives, such as the medical school Campus Essentials program, have contributed to its growth. Butterfly Network achieved cost reductions of $10 million, extending its cash runway into 2027. The company also regained compliance with the NYSE Minimum Bid Price requirement. For the full year of 2024, Butterfly Network affirmed its revenue guidance of $75 million to $80 million and improved its adjusted EBITDA guidance to a loss of $50 million to $45 million.
On August 1, 2024, Butterfly Network, Inc. announced its financial results for the second quarter ended June 30, 2024, along with a business update. The company reported a record quarterly revenue of $21.5 million, a 16% year-over-year growth. Net loss was significantly reduced by 45%, and net cash used in operations decreased by 62%. Butterfly Network also launched the iQ3 in Canada and expanded into Southeast Asia. The company's technological advancements and strategic initiatives, such as the medical school Campus Essentials program, have contributed to its growth. Butterfly Network achieved cost reductions of $10 million, extending its cash runway into 2027. The company also regained compliance with the NYSE Minimum Bid Price requirement. For the full year of 2024, Butterfly Network affirmed its revenue guidance of $75 million to $80 million and improved its adjusted EBITDA guidance to a loss of $50 million to $45 million.
2024年8月1日，Butterfly Network公司公布了截至2024年6月30日的第二季度财报，同时发布了一份业务更新报告。公司报告了2150万美元的创纪录季度营业收入，同比增长16%。净损失大幅减少了45％，运营现金流出减少了62％。 Butterfly Network还在加拿大推出了iQ3，并扩展到了东南亚地区。公司的技术进步和战略举措，如医学院校必需品项目，为其增长做出了贡献。 Butterfly Network实现了1,000万美元的成本削减，使现金使用期限延长至2027年。该公司还恢复了纽交所最低竞价价格要求的合规性。对于整个2024年，Butterfly Network确认其7500万至8000万美元的营业收入指导，并将其调整后的调整EBITDA指导改善为亏损5000万至4500万美元。
2024年8月1日，Butterfly Network公司公布了截至2024年6月30日的第二季度财报，同时发布了一份业务更新报告。公司报告了2150万美元的创纪录季度营业收入，同比增长16%。净损失大幅减少了45％，运营现金流出减少了62％。 Butterfly Network还在加拿大推出了iQ3，并扩展到了东南亚地区。公司的技术进步和战略举措，如医学院校必需品项目，为其增长做出了贡献。 Butterfly Network实现了1,000万美元的成本削减，使现金使用期限延长至2027年。该公司还恢复了纽交所最低竞价价格要求的合规性。对于整个2024年，Butterfly Network确认其7500万至8000万美元的营业收入指导，并将其调整后的调整EBITDA指导改善为亏损5000万至4500万美元。
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