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Butterfly Network announces reorganization after 3.8% drop in revenue in Q2

The company reported second-quarter revenue of $18.5 million with a net loss of $28.7 million, alongside operating expenses totaling $42.2 million. ....

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Butterfly Network reports over $33M loss in Q1

The company saw its stock price drop upon release of its first-quarter earnings. ....

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Butterfly Network shares slide on Q1 results

“Being a disrupter is never easy," new Butterfly Network President and CEO Joseph DeVivo said as product sales dropped in the first quarter. ....

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How did medtech SPAC mergers fare?

Over the past few years, special purpose acquisition corporations (SPACs) have found their way into the medtech space. ....

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Oracle hires former CMS administrator Seema Verma and more digital health hires

Butterfly Network, maker of a handheld ultrasound, also announced it had hired Joseph M. DeVivo as the company's new president and CEO. ....

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