Butterfly Network Reports Q1 Earnings Growth Amid Regulatory AI Milestone
Butterfly Network (BFLY) reported first-quarter revenue of $26.5 million, a 25% year-over-year increase driven by strong performance in its core ultrasound business and Butterfly Embedded segment. The company received FDA clearance for an innovative AI gestational-age tool and reaffirmed full-year guidance between $117M–$121M.
Topics: ai earnings embedded_software regulatory_clearance revenue