|Bid||2.4600 x 900|
|Ask||2.6500 x 2900|
|Day's Range||2.5600 - 2.6900|
|52 Week Range||2.4600 - 9.1870|
|Beta (5Y Monthly)||3.47|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 28, 2022 - Dec 02, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7.75|
Canaan ( NASDAQ:CAN ) Third Quarter 2022 Results Key Financial Results Revenue: CN¥978.2m (down 26% from 3Q 2021). Net...
Market forces rained on the parade of Canaan Inc. ( NASDAQ:CAN ) shareholders today, when the analysts downgraded their...
Canaan Inc (NASDAQ: CAN) reported a third-quarter FY22 revenue decline of 25.8% year-on-year to $137.5 million, missing the consensus of $151.6 million. Adjusted EPS of $0.14 beat the consensus of $0.07. Total computing power sold decreased 48.5% Y/Y to 3.5 million Thash/s. Canaan held $281.5 million in cash and equivalents. Canaan held 535.48 bitcoins on its balance sheet as of September 30. Nangeng Zhang, Chairman and Chief Executive Officer of Canaan, commented, "The bitcoin mining market det