Canaan Inc - ADR

-0.22 (-6.98%)
Earnings Announcements

Canaan Says Q2 Revenue Rose 507.3% To RMB 1.082 Billion

Published: 09/15/2021 10:18 GMT
Canaan Inc - ADR (CAN) - Reports Unaudited Second Quarter 2021 Financial Results and Announces Change of Board Composition.
Q2 Revenue Rose 507.3 Percent to Rmb 1.082 Billion.
Basic Net Earnings per American Depositary Share ("ads") in Q2 of 2021 Was Rmb1.46(us$0.23).
Diluted Net Earnings per Ads in Q2 of 2021 Was Rmb1.40(us$0.22).
Jiaxuan Li, a Director of Company, Has Stepped Down From Board of Directors of Company for Personal Reasons, Effective September 15, 2021.
For Q3 of 2021, Co Expects Total Revenues to Have a Sequential Increase of 10% to 30%.
Revenue is expected to be $0 Million
Adjusted EPS is expected to be $0.00

Next Quarter Revenue Guidance is expected to be $335.52 Million
Next Quarter EPS Guidance is expected to be $0.66

More details on our Analysts Page.