Canaan Inc.

CAN

US1347481020

Computer Hardware

Market Closed - Nasdaq Other stock markets 04:00:00 2024-05-07 pm EDT			5-day change	1st Jan Change
0.847 ^USD	-4.00%		-3.20%	-63.33%

May. 06	Tech Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Slightly Higher in Monday Trading	MT
May. 02	Asian Equities Traded in the US as American Depositary Receipts Rise Sharply in Thursday Trading	MT

Canaan: Q3 Earnings Snapshot

November 14, 2022 at 05:04 am EST

BEIJING (AP) _ Canaan Inc. (CAN) on Monday reported third-quarter profit of $8.6 million.

On a per-share basis, the Beijing-based company said it had profit of 5 cents. Earnings, adjusted for stock option expense, came to 14 cents per share.

The cryptocurrency-mining computer maker posted revenue of $137.5 million in the period.

The company's shares closed at $2.69. A year ago, they were trading at $10.36.

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

Latest news about Canaan Inc.

Tech Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Slightly Higher in Monday Trading	May. 06	MT
Asian Equities Traded in the US as American Depositary Receipts Rise Sharply in Thursday Trading	May. 02	MT
Asian Equities Traded in the US as American Depositary Receipts Decline in Tuesday Trading	Apr. 30	MT
Tech Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Lower in Thursday Trading	Apr. 25	MT
Technology Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Higher in Tuesday Trading	Apr. 23	MT
Asian Equities Traded in the US as American Depositary Receipts Open Week Higher	Apr. 22	MT
ADRs Slump; Canaan Declines 18%	Apr. 19	DJ
Asian Equities Traded in the US as American Depositary Receipts Fall Again in Friday Trading	Apr. 19	MT
ADRs End Lower; Genetic Technologies Declines 23%	Apr. 18	DJ
Asian Equities Traded in the US as American Depositary Receipts Trend Lower in Thursday Trading	Apr. 18	MT
Canaan Files $300 Million Mixed Shelf	Apr. 17	MT
Canaan Inc. announced that it expects to receive $132 million in funding	Apr. 16	CI
Asian Equities Traded in the US as American Depositary Receipts Fall in Tuesday Trading	Apr. 02	MT
Asian Equities Traded in the US as American Depositary Receipts Open Week Higher in Monday Trading	Apr. 01	MT
Asian Equities Traded in the US as American Depositary Receipts Nudge Lower in Thursday Trading	Mar. 28	MT
Tech Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Slightly Lower in Friday Trading	Mar. 22	MT
ADRs End Higher; XTL Biopharmaceuticals Climbs 129%	Mar. 20	DJ
Asian Equities Traded in the US as American Depositary Receipts Higher in Wednesday Trading	Mar. 20	MT
Tech Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Lower in Tuesday Trading	Mar. 19	MT
Asian Equities Traded in the US as American Depositary Receipts End Week Lower in Friday Trading	Mar. 15	MT
Asian Equities Traded in the US as American Depositary Receipts Higher in Friday Trading	Mar. 08	MT
Asian Equities Traded in the US as American Depositary Receipts Decline in Tuesday Trading	Mar. 05	MT
Tech Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Higher in Thursday Trading	Feb. 29	MT
Bank, Auto Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Sharply Lower Wednesday	Feb. 28	MT
ADRs End Higher; Gaotu Techedu Climbs 31%	Feb. 27	DJ

Canaan Inc provides supercomputing solutions through proprietary high-performance computing ASICs (Application Specific Integrated Circuit). The Company provides a holistic AI (Artificial Intelligence) solution to customers, including AI chips, algorithm development and optimization, hardware module, end-product and software services.

Sector

Computer Hardware

Calendar

2024-05-23 - Q1 2024 Earnings Release (Projected)

More about the company