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    CAN   US1347481020

CANAAN INC.

(CAN)
  Report
Delayed Quote. Delayed Nasdaq - 01/21 04:00:00 pm
4.35 USD   -13.69%
01/06EMEA MORNING BRIEFING : Stocks to Tumble as Fed Minutes Surprise on Tightening
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Canaan: Q3 Earnings Snapshot

11/16/2021 | 05:10am EST

BEIJING (AP) _ Canaan Inc. (CAN) on Tuesday reported third-quarter net income of $72.5 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 41 cents. Earnings, adjusted for stock option expense, came to 52 cents per share.

The cryptocurrency-mining computer maker posted revenue of $204.5 million in the period.

Canaan shares have climbed 71% since the beginning of the year. The stock has nearly 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 70,6 M 70,6 M
Net income 2020 -215 M -33,9 M -33,9 M
Net cash 2020 403 M 63,6 M 63,6 M
P/E ratio 2020 -4,31x
Yield 2020 -
Capitalization 5 457 M 861 M 861 M
EV / Sales 2019 4,44x
EV / Sales 2020 12,6x
Nbr of Employees 248
Free-Float -
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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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