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CAN News and Press, Canaan Inc. From 06/12/23

Stock Information

Company Name: Canaan Inc.
Stock Symbol: CAN
Market: NYSE
Website: canaan-creative.com

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CAN - Canaan Inc. to Participate in Cantor Technology Conference on June 14-15, 2023

Canaan Inc. to Participate in Cantor Technology Conference on June 14-15, 2023 PR Newswire SINGAPORE , June 12, 2023 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) (" Canaan " or the "Company"), a leading high-performance computing solutions provider, today announ...

CAN - Growing Crypto Adoption Sees Ethereum's Transaction Volume Rivaling Visa

Ethereum, despite being relatively young compared to traditional payment giants such as Visa , has demonstrated remarkable growth and established itself as a formidable force in the blockchain realm. In only a decade, blockchain technology has evolved into a significant player that rivals establ...

CAN - Crypto Corner Podcast: BIGG, SDIG, CAN

2023-05-30 13:00:00 ET Vancouver, Kelowna, Delta, BC - May 30, 2023 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today's edition of the Crypto Corner podcast and commentary on what's driving cryptocurrency stocks and the cry...

CAN - Why Shares of CleanSpark, Bit Digital, and Canaan Are Rising Today

2023-05-30 12:08:11 ET The stocks of most Bitcoin -mining companies jumped today on news that lawmakers in Washington, D.C., were closing in on an agreement to suspend the U.S. debt ceiling until 2025. Shares of CleanSpark (NASDAQ: CLSK) traded nearly 7% higher as of 10:49 a...

CAN - Alarum Technologies leads tech gainers; Canaan, VIA optronics among major losers

2023-05-26 15:02:13 ET Gainers: Alarum Technologies ( ALAR ) +49% . Presto Automation ( PRST ) +46% . Marvell Technology ( MRVL ) +31% . D-Wave Quantum ( QBTS ) +29% . Telos ( TLS ) +23% . Losers: Canaan ( CAN ) -24...

CAN - Canaan falls as 'challenging market conditions' hit Q2 guidance

2023-05-26 13:32:38 ET Singapore-based bitcoin mining equipment products company Canaan fell ~20% on Friday afternoon after having issued Q2 guidance below Wall Street consensus, citing challenging market conditions as a reason. The company said it expects Q2 revenues to be ~$72M, c...

CAN - Canaan Inc. (CAN) Q1 2023 Earnings Call Transcript

2023-05-26 11:51:06 ET Canaan Inc. (CAN) Q1 2023 Earnings Conference Call May 26, 2023 08:00 AM ET Company Participants Clark Soucy - IR Director Nangeng Zhang - Chairman & CEO James Cheng - CFO Conference Call Participants Kevin Dede - H.C. Wainw...

CAN - Canaan GAAP EPADS of -$0.51, revenue of $55.23M misses by $12.5M

2023-05-26 06:09:13 ET Canaan press release ( NASDAQ: CAN ): Q1 GAAP EPADS of -$0.51. Revenue of $55.23M (-72.6% Y/Y) misses by $12.5M . Revenues were US$55.2 million, as compared to US$58.3 million in the fourth quarter of 2022 and US$201.8 million in the same p...

CAN - Canaan Inc. Reports Unaudited First Quarter 2023 Financial Results

Canaan Inc. Reports Unaudited First Quarter 2023 Financial Results PR Newswire - Total Computing Power Sold Rebounded to 4.2 Million Thash/s, up 126.8% QoQ - SINGAPORE , May 26, 2023 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"...

CAN - Notable earnings before Friday's open

2023-05-25 09:20:45 ET Major earnings expected before the bell on Friday include: Booz Allen Hamilton Holding ( BAH ) Big Lots ( BIG ) The Buckle ( BKE ) Canaan ( CAN ) Diana Shipping ( DSX ) Hibbett ( HIBB ) KNOT Offshore Partners ( K...

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