Butterfly Reports Strong Q3 Results, Revises Up 2024 Outlook

Shares of Butterfly Network Inc. (BFLY) touched a new 52-week high of $2.47 during intraday trading yesterday, thanks to strong third-quarter financial results and a rosy outlook for 2024.

This digital health company aims to transform care through a unique combination of portable, semiconductor-based ultrasound technology, intuitive software, services, and educational offerings that can make medical imaging more accessible than ever before. Butterfly has two portable ultrasound devices on the market - a second-generation Butterfly iQ+ and a third-generation Butterfly iQ3 - both designed for whole-body imaging with a single handheld probe using digital semiconductor technology.

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by RTTNews Staff Writer

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