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Strategies & Market Trends : The Art of Investing
PICK 50.39+1.1%Dec 11 4:00 PM EST

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pak73
To: Sun Tzu who wrote (2282)11/15/2021 8:51:53 AM
From: Sun Tzu1 Recommendation  Read Replies (2) of 10695
 
Butterfly Network Sees Revenue Below Estimates

Butterfly Network (BFLY) reported a 3rd Quarter September 2021 loss of $0.07 per share on revenue of $14.6 million. The consensus estimate was a loss of $0.25 per share on revenue of $19.5 million.

The company said it expects 2021 revenue of $60.0 million to $62.0 million. The current consensus revenue estimate is $76.00 million for the year ending December 31, 2021.

Butterfly created the world's first handheld, single probe whole-body ultrasound system using semiconductor technology, the Butterfly iQ+.

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Always trust the tape on saplings in the earnings week.

I admit that I have soft spot for young up and coming companies that try to change the world for the better and I allowed this preference to let me rely on hope rather than fear, where the chart was clearly telling me the truth.

An investor has many enemies, the greatest one of them is himself.
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