CAN - Canaan GAAP EPS of $7.13 revenue of $342.8M

Canaan press release (NASDAQ:CAN): Q4 GAAP EPADS of $7.13. Revenue of $342.8M. Shares +1.85% PM. Total computing power sold was 7.7 million Thash/s, compared to 0.2 million Thash/s in the same period of 2020, and up 15.5% from 6.7 million Thash/s in the third quarter of 2021, setting a new record. Business Outlook: The Company expects its total net revenues for the first quarter of 2022 to be in the range of RMB1,500 million to RMB1,600 million, representing a year-over-year increase of 275%-300%.

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Canaan GAAP EPS of $7.13, revenue of $342.8M