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29.10.26 - 11:36
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Butterfly Network Reports Third Quarter 2026 Financial Results (Business Wire)
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Beats High End of Quarterly Revenue and Adjusted EBITDA Guidance
Delivered quarterly Revenue of $32.6 million, driven in part by Embedded revenue
Recorded highest gross margin in Company history at 73%
Management increases Full Year Revenue and Adjusted EBITDA Guidance
BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)--$BFLY #POCUS--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly” or the “Company”), a pioneer and leader in semiconductor-based ultrasound devices, programmable cloud software and AI, today announced financial results for the third quarter ended September 30, 2026, and provided a business update.
Joseph DeVivo, Butterfly's President, Chief Executive Officer and Chairman commented, “Our third quarter results came in ahead of guidance on both revenue and adjusted EBITDA, and we posted the highest gross margin in Butterfly's history. We saw strength across our business. The enterprise pipeline is turning into signed deals, and achieving FedRAMP authorization puts larger federal opportun...
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