Can BFLY sustain its earnings growth into 2025?

**Butterfly Network (BFLY) is poised to sustain its earnings growth into 2025**, based on several key indicators:

1. **Revenue Growth**: BFLY has demonstrated a significant increase in revenue, with a 35% year-over-year growth in Q4 2024, reaching $22.35 million. The company's annual revenue for 2024 was $82.1 million, marking a 25% growth. This robust growth trajectory is a positive signal for future earnings potential.

|code|Ticker|Name|Date|Total Revenue|Net Income|Diluted EPS|market_code|
|---|---|---|---|---|---|---|---|
|BFLY|BFLY.N|Butterfly Network|2024 Q1|1.7656E7|-2.1761E7|-0.1|169|
|BFLY|BFLY.N|Butterfly Network|2024 Q2|2.1487E7|-1.5706E7|-0.07|169|
|BFLY|BFLY.N|Butterfly Network|2024 Q3|2.0561E7|-1.6924E7|-0.08|169|
|BFLY|BFLY.N|Butterfly Network|2024 Q4|2.2351E7|-1.8101E7||169|

2. **Future Outlook**: BFLY has forecasted sales for 2025 to range between $96 million and $100 million, which is above the analyst consensus of $97.80 million. This indicates that the company is confident in its ability to continue growing its revenue stream.
3. **Product Innovation**: The launch of the next-generation iQ3 probe has been a commercial success, contributing to the revenue growth and accounting for 50% of 2024 sales. Continued innovation in products like the iQ3 and the expansion of enterprise software revenue are expected to support future growth.
4. **International Expansion**: BFLY has expanded its international presence, with EU MDR certification for iQ+ and iQ3, facilitating market penetration in Europe and Asia. This strategic move is likely to contribute to global revenue growth in the coming years.
5. **Financial Position**: Despite the adjusted EBITDA loss of $38.9 million for 2024, the company has shown a 42% improvement compared to the previous year. This indicates a reduction in net loss and an improvement in gross profit, which was $13.7 million in Q4 2024, a 45% increase year-over-year.
6. **Analyst Confidence**: The consensus rating for BFLY is "Buy" with an average price target that suggests a 79.27% upside from the latest closing price. Analysts are optimistic about BFLY's growth potential, with some initiating coverage with an "Outperform" recommendation.
7. **Strategic Partnerships**: BFLY is actively developing strategic partnerships, which are expected to contribute revenue in 2025. These partnerships in areas like neuroscience and generative AI are likely to be beneficial for long-term growth.

In conclusion, BFLY's strong revenue growth, future outlook, product innovation, international expansion, financial position, analyst confidence, and strategic partnerships all point to a positive outlook for sustaining earnings growth into 2025.