Butterfly Network, Inc. (NYSE:NYSE:BFLY) Q2 2022 Earnings Conference Call August 03, 2022 08:30 AM ET Company Participants Todd Fruchterman - President & Chief Executive Officer Heather…

The following slide deck was published by Butterfly Network, Inc.

Butterfly Network press release (BFLY): Q2 GAAP EPS of -$0.18.Revenue of $19.2M (+16.3% Y/Y) beats by $0.1M.Adjusted EBITDA was a loss of $37.8 million during the second quarter of…

Butterfly Network (BFLY) is scheduled to announce Q2 earnings results on Wednesday, August 3rd, before market open.The consensus EPS Estimate is -$0.27 and the consensus Revenue Estimate…

SINGAPORE , July 20, 2022 /PRNewswire/ -- XT.com , the world''s first social infused digital assets trading platform, has listed the Be Fly (BFLY) Coin on its platform. Moreover, spearheaded by the listing, enthusiastic crypto traders are privileged to experience a personalized touch to buy and sell the BFLY with USDT trading pair under the exchange''s Main Zone (DeFi). Moreover, the listing innovation further gives everyone a 24/7 trading edge and instant access to make the most out of the Be Fly cryptocurrency. According to XT.com, traders can now save time and effort by using the BFLY token for derivatives, spot, futures, perpetual contract trading, and more on top of the exchange. What is more, under the listing, the platform envisions scaling BFLY usage and user-based expansion to a new height by allowing traders to double, quadruple, and even 10x their profit by trading the coin. The Be Fly (BFLY) Coin is a blockchain-based cryptocurrency. The coin holds high-end scalability as one of its core features that can be used in the Metaverse environment of …

Source: rhendrikdwenz via Shutterstock So far, 2022 has been a rocky year for Cathie Wood’s exchange-traded funds (ETFs). Her flagship fund, the ARK Innovation ETF (NYSEARCA: ARKK ) is down more than 50% year-to-date (YTD). Meanwhile, other Cathie Wood funds are posting similar returns. There may be light on the horizon, however. On June 27, ARKK received eight straight days of inflows totaling $639 million . In addition, the ETF manager remains highly convicted in her top positions , including Tesla (NASDAQ: TSLA ) and CRISPR Therapeutics (NASDAQ: CRSP ). Wood’s poor returns are partially due to the Federal Reserve lifting interest rates. Still, the investor believes that “deflationary forces” may cause the Fed to reverse on its plan to raise rates even higher. She notes that the dollar index has moved up by double digits this year, characterizing it as a “total anti-inflationary force.” Wood also says oil has declined by over 20% month-over-month and expects gold to “move below a two-year trading range.” This week was busy for Ark ETFs, which made several interesting purchases.

Butterfly Network has a promising handheld ultrasound technology, but competition is severe. The company has yet to hit financial targets since going public. See why BFLY is a Hold.

Butterfly Network (BFLY) delivers affordable and accessible ultrasound images. See why I would recommend investors stay on the sidelines on BFLY stock.

The trading price of Butterfly Network Inc. (NYSE:BFLY) closed higher on Tuesday, June 21, closing at $3.15, 1.29% higher than its previous close. >> 5 Best Growth Stocks for 2022 << >> 5 Best Growth Stocks for 2022 << Traders who pay close attention to intraday price movement should know that it fluctuated between $3.115 … Butterfly Network Inc. (NYSE: BFLY): Stock No Longer In Incline? Read More »