Butterfly Network (BFLY -5.25%), a medical device company known for its portable ultrasound technology, released its second quarter fiscal 2025 results on August 1, 2025. The headline news: it delivered a record gross margin of 63.7% (GAAP), narrowed its losses, and grew revenue by 9.0% compared to Q2 2024. However, revenue (GAAP) came in at $23.4 million, slightly shy of the $23.72 million projected by analysts. Non-GAAP earnings per share were $(0.03), better than the expected $(0.05) (adjusted). Manageme ...