HANGZHOU, China (AP) _ Canaan Inc. (CAN) on Monday reported a loss of $11 million in its fourth quarter.

The Hangzhou, China-based company said it had a loss of 7 cents per share.

The cryptocurrency-mining computer maker posted revenue of $5.9 million in the period.

For the year, the company reported that its loss narrowed to $33 million, or 21 cents per share. Revenue was reported as $68.6 million.

Canaan shares have more than tripled 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

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