Canaan Inc - ADR

NASDAQ:CAN   4:00:00 PM EDT
2.62
+0.10 (+3.97%)
7:54:33 PM EDT: $2.62 0.00 (0.00%)
Earnings Announcements

Canaan Inc. Reports Q3 Diluted Net Earnings Per ADS Of RMB0.36 (US$0.05)

Published: 11/14/2022 08:40 GMT
Canaan Inc - ADR (CAN) - .
Reports Unaudited Third Quarter 2022 Financial Results.
Sees Q4 Revenue About Rmb 310.0 Million.
Q2 Revenue Rmb 978.2 Million.
Diluted Net Earnings per Ads in Q3 of 2022 Was Rmb0.36 (us$0.05).
Q3 Revenues Were Rmb978.2 Million (us$137.5 Million), Representing a Decrease of 40.8% From Rmb1,652.7 Million in Q2 of 2022.
For Q4 of 2022, Company Expects Total Net Revenues to Be Approximately Rmb310 Million (us$43.6 Million).
Revenue is expected to be $39.97 Million
Adjusted EPS is expected to be -$0.34

Next Quarter Revenue Guidance is expected to be $29.03 Million
Next Quarter EPS Guidance is expected to be -$0.16

More details on our Analysts Page.