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$BFLY and $WOOF Partner Up
Butterfly Networks and Petco announced the deployment of of the Butterfly IQ+ Vet handheld ultrasound device to Petco's nearly 200 veterinary hospitals located within Petco's pet care centers.

Butterfly reported earnings this morning as well. Revenue was up 25% while gross profit margins increased 200bps over Q1 2021. More importantly, subscription revenue increase 60% and now accounts for 29% of Butterfly's overall revenue, a single quarter record. Just waiting for the 10-Q to find out how many units were delivered to customers in Q1 but I'm leaning towards this being a very good quarter for them.

ir.butterflynetwork.com
Petco and Butterfly Collaborate to Bring Cutting-Edge Ultrasound Technology to All FullService Veterinary Hospitals in Petco Pet Care Centers
Leading pet health and wellness company, Petco, and digital health innovator, Butterfly, elevate veterinary industry point-of-care standard by increasing pet access to high-quality ultrasound GUILFORD, Conn., and SAN DIEGO, May 5, 2022 – Butterfly Network, Inc. (NYSE: BFLY), a digital health company transforming care with handheld, whole-body ultrasound, and Petco Health and Wellness Company, Inc. (Nasdaq: WOOF), a complete partner in pet health and wellness, today announced the parties have agreed to deploy Butterfly iQ+ Vet to Petco’s growing network of nearly 200 full-service veterinary hospitals at Petco pet care centers. Butterfly iQ+ Vet, the world’s only handheld, single probe, whole-body, multi-species imaging system, is designed to bring valuable clinical insights to veterinarians at the point-of-care, through innovative ultrasound technology made simple with artificial intelligence. Butterfly Network is the first and only U.S. ultrasound imaging provider to collaborate with

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