CAN / Canaan (CAN) Reports Q1 Loss, Misses Revenue Estimates

Bitcoin mining stocks are rocketing higher as investors pile into Bitcoin. These companies secure the Bitcoin network, which should see higher institu more_horizontal

Canaan (CAN) came out with a quarterly loss of $0.58 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to earnings of $0 more_horizontal

Canaan has faced several headwinds over the past year but is well-positioned to benefit from the ongoing rally in Bitcoin prices. The recent announcem more_horizontal

Many booked double-digit gains on the day. Several factors are contributing to general crypto bullishness. more_horizontal

Canaan (CAN) came out with a quarterly loss of $0.43 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to earnings of $0 more_horizontal

SINGAPORE , May 19, 2023 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provid more_horizontal

SINGAPORE , May 15, 2023 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provide more_horizontal

Canaan recently announced $850 million in new capital to continue its history of building and supporting transformational companies in the technology more_horizontal