Canaan's Singapore Subsidiary Enters Follow-on Order Purchase Agreement With HIVE Digital Technologies For Its Avalon A15-194T Miners
CANNovember 20, 2024
Read more →A Look Ahead: Canaan's Earnings Forecast
CANNovember 19, 2024
Read more →Canaan To Provide CleanSpark With 3800 Avalon A1566I Immersion Cooling Miners; Financial Details Not Disclosed
CANNovember 1, 2024
Read more →Canaan Gets Left Behind In Latest Crypto Bull Run
CANKey Takeaways: Canaan’s revenue fell 36% year-on-year in the first quarter even as the prices of bitcoin and other cryptocurrencies skyrocketed Demand for the company’s mining machines waned as a sharp drop in the amount of new bitcoin being created substantially curtailed the profitability of crypto mining
May 22, 2024
Read more →HC Wainwright & Co. Reiterates Buy on Canaan, Maintains $3 Price Target
CANMay 20, 2024
Read more →Bitcoin Stock Canaan Up After Q1 Print, What's Going On?
CANCanaan reported Q1 2024 revenue decline of 36.5%,but beat analyst estimate. Earnings per ADS loss of $(0.16) also beat estimate. Canaan holds $54.7M in cash, and its Bitcoin holdings reach 1,057. Q2 2024 revenue expected to be $70M, and Q3 expected to be $70M. CAN stock has plunged 55% in last 12 months.
May 17, 2024
Read more →The Number of Bitcoins held by Canaan Surpassed 1,000 for the First Time to Reach Record-High 1,057 Bitcoins
CANMay 17, 2024
Read more →Canaan Reiterated Q2 Revenue of $70M Vs $70.2M Est and Expects Q3 Revenue of $70M Vs $91.4M Est
CANMay 17, 2024
Read more →Canaan Q1 2024 GAAP EPS $(0.16) Up From $(0.51) YoY
CANMay 17, 2024
Read more →Canaan Q1 Sales $35.091M Beat $30.100M Estimate
CANMay 17, 2024
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