secwatch.observer — SEC 8-K summary
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Issuer:     Butterfly Network, Inc. (BFLY)
CIK:        0001804176
Form:       8-K/A
Filed at:   2022-03-28T23:59:59+00:00
Accession:  0001104659-22-038342
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Butterfly Network Q2 2021 revenue $16.5M (+40% YoY); gross margin 49.8%
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- Product revenue $13.0M (+30.3%); subscription revenue $3.5M (+94.3%).
- Gross profit $8.2M, margin 49.8%; adjusted gross margin 50.2%.
- Net loss $2.9M vs $23.2M loss in Q2 2020; adjusted EBITDA loss $28.5M.
- Cash and securities $509.5M at June 30, 2021.
- Appointed new CTO and CIO; launched ob-gyn tools and Hong Kong distribution partnership.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1804176/000110465922038342/0001104659-22-038342-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1804176/000110465922038342/tm2210335d6_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-038342

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer