Butterfly Network (BFLY) Restructuring Costs (2022 - 2024)
Butterfly Network's (BFLY) quarterly Restructuring Costs came in at $1.3 million in Q3 2024, down 73.63% year-over-year from $4.8 million in Q4 2023, and up 116.21% quarter-over-quarter from $580000.0 in Q2 2024.
Analysis
Butterfly Network (BFLY) Restructuring Costs (2022 - 2024) Analysis & Trends
Butterfly Network has disclosed Restructuring Costs across 3 years of filings, most recently posting $1.3 million for Q3 2024.
- In Q3 2024, Restructuring Costs fell 73.63% year-over-year to $1.3 million; the TTM figure through Sep 2024 stood at $3.5 million (down 74.36% YoY), while the FY2023 annual figure was $9.5 million, up 77.64% from the prior year.
- Restructuring Costs came in at $1.3 million for Q3 2024 at Butterfly Network, up from $580000.0 in the prior quarter.
- In the past five years, Restructuring Costs ranged from a high of $4.8 million in Q3 2023 to a low of $249000.0 in Q4 2023.
- Average Restructuring Costs over 3 years is $1.8 million, with a median of $1.4 million recorded in 2024.
- The largest YoY upside for Restructuring Costs was 1347.2% in 2023 against a maximum downside of 92.56% in 2023.
- Over 3 years, Restructuring Costs stood at $3.3 million in 2022, then slumped by 92.56% to $249000.0 in 2023, then surged by 403.61% to $1.3 million in 2024.
- Per Business Quant data, the three most recent Restructuring Costs figures were $1.3 million in Q3 2024, $580000.0 in Q2 2024, and $1.4 million in Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.76 Bn | 27.65 Bn | 2.18 Bn |
| 2 | Lantheus Holdings | 6.58 Bn | 5.98 Bn | 241.86 Mn |
| 3 | Heartflow | 4.12 Bn | 3.74 Bn | 53.19 Mn |
| 4 | Neogen | 2.60 Bn | 2.41 Bn | 107.80 Mn |
| 5 | Butterfly Network | 1.99 Bn | 1.86 Bn | 23.29 Mn |
| 6 | Ceribell | 922.66 Mn | 793.40 Mn | 25.94 Mn |
| 7 | QuidelOrtho | 881.75 Mn | 758.35 Mn | - |
| 8 | Varex Imaging | 779.06 Mn | 679.86 Mn | 76.70 Mn |
| 9 | Prenetics Global | 342.17 Mn | 283.12 Mn | 30.20 Mn |
| 10 | CapsoVision | 320.35 Mn | 311.27 Mn | 1.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 1.25 Mn |
| Jun 30, 2024 | 580,000.00 |
| Mar 31, 2024 | 1.41 Mn |
| Dec 31, 2023 | 249,000.00 |
| Sep 30, 2023 | 4.76 Mn |
| Jun 30, 2023 | 1.91 Mn |
| Mar 31, 2023 | 3.62 Mn |
| Dec 31, 2022 | 3.35 Mn |
| Sep 30, 2022 | 1.86 Mn |
| Jun 30, 2022 | 692,000.00 |
| Mar 31, 2022 | 250,000.00 |