SINGAPORE, Sept. 4, 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 have a presentation and host one-on-one meetings with institutional investors at the conference.The 4th Annual Needham Virtual Crypto ConferenceVirtualSeptember 5, 2024Presentation Session: 1:30 PM ET on September 5, 2024When available, a lin ...

SINGAPORE, Sept. 3, 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.Benchmark's 11th Annual TMT One-on-One ConferenceNew York CitySeptember 4, 2024When available, a link to the webcast will be posted at Events | Canaan Inc. (canaan-creati ...

Exhibit 99.1 Canaan Inc. Reports Unaudited First Quarter 2024 Financial Results Singapore, May 17, 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 March 31, 2024. First Quarter 2024 Operating and Financial Highlights Revenues were US$35.1 million, which beat the previous guidance of US$33 million by 6%. Mining revenue was US$10.5 million, representin ...

SINGAPORE, Aug. 26, 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.Macquarie's ASEAN Conference 2024The Fullerton Hotel Singapore, 1 Fullerton Square, SingaporeAugust 27-28, 2024When available, a link to the webcast will be posted at Eve ...

Canaan (CAN) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Since a chan ...

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 ...