Canaan Inc. (CAN) Misses Q1 EPS by 25c, Beats on Revenue

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Go back to Canaan Inc. (CAN) Misses Q1 EPS by 25c, Beats on Revenue

Canaan Inc. Reports Unaudited Fourth Quarter and Full Year 2024 Financial Results

March 26, 2025 6:15 AM EDT

Total revenues of US$88.8 million exceeds guidance, up 80.9% YoY

Total computing power sold achieves record high of 9.1 million TH/s, up 65.9% YoY

Bitcoin mining revenues reach US$15.3 million, up 312.5% YoY

SINGAPORE, March 26, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining,... More