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Strategies & Market Trends : The Art of Investing
PICK 49.91+1.0%Dec 19 4:00 PM EST

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pak73
sixty2nds
To: Sun Tzu who wrote (6569)5/12/2023 3:01:25 PM
From: Sun Tzu2 Recommendations   of 10709
 
Butterfly Network (BFLY) Reports 1st Quarter Earnings

Butterfly Network (BFLY) reported a 1st Quarter March 2023 loss of $0.17 per share on revenue of $15.5 million. The consensus estimate was a loss of $0.20 per share on revenue of $15.8 million. Revenue fell 0.6% compared to the same quarter a year ago.

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

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The chart looks terrible and I am not catching this falling knife (no positions). But I do have GTC buys on it at lower levels and will consider buying it once it shows strength.
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