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    CAN   US1347481020

CANAAN INC.

(CAN)
  Report
Real-time Estimate Quote. Real-time Estimate Cboe BZX - 10/20 09:38:24 am
7.47 USD   +1.08%
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Canaan: Q2 Earnings Snapshot

09/15/2021 | 05:46am EDT

BEIJING (AP) _ Canaan Inc. (CAN) on Wednesday reported second-quarter net income of $37.9 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Beijing-based company said it had net income of 22 cents. Earnings, adjusted for one-time gains and costs, were 29 cents per share.

The cryptocurrency-mining computer maker posted revenue of $167.5 million in the period.

Canaan shares have risen 55% since the beginning of the year. The stock has more than quadrupled in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CAN at https://www.zacks.com/ap/CAN

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

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Financials
Sales 2020 448 M 70,0 M 70,0 M
Net income 2020 -215 M -33,6 M -33,6 M
Net cash 2020 403 M 63,0 M 63,0 M
P/E ratio 2020 -4,31x
Yield 2020 -
Capitalization 8 079 M 1 266 M 1 264 M
EV / Sales 2019 4,44x
EV / Sales 2020 12,6x
Nbr of Employees 248
Free-Float 75,9%
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Managers and Directors
N. G. Zhang Chairman & Chief Executive Officer
Tong He Finance Director
Jin Cheng Chief Financial Officer
Wu Jing Jie Vice President-Technology
Wenjun Zhang Independent Director
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