SINGAPORE, Aug. 16, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that the Company will participate in the following investor conference. Canaan's management plans to host one-on-one meetings with institutional investors at the conference.Rosenblatt 4th Annual Technology Summit - The Age of AIVirtualPanel: The Evolution of Bitcoin Mining ASICsAugust 19, 2024, 12 pm ETWhen available, a link to the webcast w ...

Canaan Inc. (NASDAQ:CAN) Q2 2024 Earnings Conference Call August 15, 2024 8:00 AM ET Company Participants Nangeng Zhang - Chairman and CEO James Cheng - CFO Conference Call Participants Kevin Dede - H.C. Wainwright Shuang Sun - Guosheng Securities Bill Papanastasiou - Stifle Operator Ladies and gentlemen, thank you for standing by and welcome to Canaan Inc.'s Second Quarter 2024 Earnings Conference Call. At this time, all participants are in the listen-only mode. After the management's prepared remarks, we ...

Operating & Financial Results For the Second Quarter Ended June 30, 2024 August 15, 2024 Chairman & CEO CFO Nangeng Zhang Jin Cheng "James" Safe Harbor Statement NASDAQ: CAN AUGUST 2024 2 This presentation contains certain financial measures that are not recognized under generally accepted accounting principles in the United States ("GAAP"), including adjusted EBITDA (including adjusted EBITDA margin), non-GAAP net income, non-GAAP diluted earnings per share/ADS and cash flow. These non-GAAP measures should ...

Canaan (CAN) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.30. This compares to loss of $0.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this cryptocurrency-mining computer maker would post a loss of $0.60 per share when it actually produced a loss of $0.16, delivering a surprise of 73.33%.Over the last four quarters, the comp ...

- Revenue Surpasses Guidance, up 104.8% QoQ - - Profitability Improves with Operating Loss Narrows by 60.9% YoY and 31.5% QoQ -SINGAPORE, Aug. 15, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced its unaudited financial results for the three months ended June 30, 2024.Second Quarter 2024 Operating and Financial HighlightsRevenues were US$71.9 million, which beat the previous guidance of US$70 million and incr ...

SINGAPORE, Aug. 6, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it plans to report its financial results for the second quarter ended June 30, 2024, before the U.S. market opens on August 15, 2024. The Company's management team will hold a conference call at 8:00 A.M. on August 15, 2024, U.S. Eastern Time (8:00 P.M. on the same day, Singapore Time) to discuss the financial results. Details for the co ...

NASHVILLE, Tenn., July 29, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN), a leader in high-performance computing solutions and creator of ASIC Bitcoin miners, announced its successful participation in the Bitcoin 2024 conference, held from July 25-27 which attracts approximately 35000 people. Canaan showcased its latest Bitcoin miners, including the Avalon Miner A15 series, Avalon Box, Avalon Nano 3, and One-stop Mining Solutions. Attendees experienced live demonstrations and gained insights into Canaan's ...

DeFi stocks refer to the shares of companies that deal with the creation and provision of financial services through the use of decentralized systems. These platforms provide services of loans, credits, and trades with the help of which the buyer can directly buy from the seller without using any middleman like banks. Investing in DeFi stocks exposes the investor to the DeFi sector, which is changing the financial markets through decentralization, low fees, and increased security. Cross-chain platforms are ...

MIAMI, June 26, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN), the creator of ASIC Bitcoin miners, unveiled its latest advancement, the Avalon Immersion Cooling Miner A1566I, with a hash rate of 249T and an energy efficiency of 19J/TH with a power consumption of 4500W, at the esteemed Mining Disrupt 2024 conference. Ning Zhang, Canaan's Vice President and General Manager of Canaan U.S. expressed his enthusiasm: "We are thrilled to introduce the Avalon Miner A1566I. This product epitomizes our commitment to ...

公司评论 第一上海研究部 research@firstshanghai.com.hk 2024年6月19日 星期三 【公司评论】 金煊 嘉楠科技（CAN.US，未评级）：公司近期业绩及经营摘要 852-25321539 FY24Q1 财务表现： Lexy.jin@firstshanghai.com.hk 公司总收入为 3509 万美元，超出此前预期值 3300 万美元 6%。公司主要收入来源 为销售矿机的收入，为 2340 万美元，FY23Q4 为 4910 万美元，同比-52%；挖矿收 行业 TMT 入为1046万美元，FY23Q4为370美元，环比增长182.1%。公司净亏损为3940万 股价 1.22美元 美元，环比收窄-71.7%。此外，公司通过挖矿自持1057枚比特币，为历史新高。 矿机销售业务： 市值 3.56亿美元 FY24Q1 公司销售了 340 万 Thash/s 算力，目前公司 A14 系列矿机持续销售中，将 已发行股本 2.86亿股 于本年度 Q2、Q3 集中交付。近期推出的最新的阿瓦降 A1566，单机平均算力达到 52周高/低 3.5美元/0.75美元 185 TH/s,能耗为18. ...