Butterfly Network shares surge on earnings beat

Investing.com -- Butterfly Network Inc (NYSE: BFLY) shares jumped more than 51% on Thursday following the company's fourth-quarter financial results that exceeded Wall Street expectations.

The medical imaging technology company reported a loss of $0.02 per share for the fourth quarter, beating analyst estimates of a $0.05 loss per share.

Quarterly revenue reached $31.5 million, surpassing the consensus estimate of $25.64 million.

For the full year 2026, Butterfly Network projected revenue between $117 million and $121 million. Analysts had expected revenue of $110.6 million for the year.

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