Canaan Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
For the full year, revenue was USD 211.48 million compared to USD 651.53 million a year ago. Net loss was USD 414.15 million compared to net income of USD 69.88 million a year ago. Basic loss per share from continuing operations was USD 2.409 compared to basic earnings per share from continuing operations of USD 0.4095 a year ago. Diluted loss per share from continuing operations was USD 2.409 compared to diluted earnings per share from continuing operations of USD 0.4065 a year ago.