Butterfly Network, Inc. (NYSE:BFLY) Q2 2022 Earnings Conference Call August 3, 2022 8:30 AM ET

Company Participants

Todd Fruchterman - President & Chief Executive Officer

Heather Getz - Chief Financial Officer

Conference Call Participants

Josh Jennings - Cowen and Company

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Operator

Hello, and welcome to the Butterfly Network's Second Quarter 2022 Earnings Conference Call. My name is Alex. I'll be coordinating the call today. [Operator Instructions]

I will now hand over to your host, Heather Getz, Chief Financial Officer. Heather, over to you.

Heather Getz

Good morning, and thank you for joining us today. Earlier this morning, Butterfly released financial results for the second quarter ended June 30, 2022, and provided a business update. The release and earnings presentation, which include a reconciliation of management's use of non-GAAP financial measures compared to the most applicable GAAP measures, are currently available on the Investors section of this company's website at ir.butterflynnetwork.com.

I, Heather Getz, Executive Vice President and Chief Financial Officer of Butterfly; alongside Dr. Todd Fruchterman, Butterfly's President and Chief Executive Officer will host this morning's call.

During today's call, we will be making certain forward-looking statements. These statements may include statements regarding, among other things, expectations with respect to the financial results, future performance, development and commercialization of products and services, potential regulatory approvals, the size and potential growth of current or future markets for our products and services, and the impact of the COVID-19 pandemic on our business.

These forward-looking statements are based on current information, assumptions, and expectations that are subject to change and involve a number of risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. These and other risks are described in our filings made with the Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, and the company disclaims any obligation to update such statements.

I would now like to turn the call over to Dr. Fruchterman. Todd?

Todd Fruchterman

Thank you, Heather, and good morning, everyone. This past quarter has been an important one for Butterfly as we’ve seen continued growth in the market and excitement about our solutions, delivering our largest revenue quarter ever. We know what Butterfly makes possible and practical, and our message is resonating with our customers. Although its one just a transformative device that brought unprecedented access to imaging, it's now a truly transformative digital health care company that is showcasing before the world the value that ultrasound information brings when it becomes part of the everyday assessment and standard of care for patients everywhere.