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CAN News and Press, Canaan Inc. From 05/19/22

Stock Information

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

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CAN - Canaan GAAP EPADS of $0.41 in-line, revenue of $213.9M in-line; issues Q2 revenue guidance

Canaan press release (NASDAQ:CAN): Q1 GAAP EPADS of $0.41 in-line. Revenue of $213.9M (+236.7% Y/Y) in-line. Total computing power sold was 4.3M Thash/s, representing an increase of 119.1% from 2.0M Thash/s in the same period of 2021. As of March 31, 2022, the Company held cryptocurrency asse...

CAN - Canaan Inc. Reports Unaudited First Quarter 2022 Financial Results

Canaan Inc. Reports Unaudited First Quarter 2022 Financial Results PR Newswire BEIJING , May 19, 2022 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced its unaud...

CAN - Canaan Q1 2022 Earnings Preview

Canaan (NASDAQ:CAN) Q1 consensus EPS estimate is $0.50 and consensus revenue estimate is $213.86M (+247.7% Y/Y). CAN is scheduled to announce Q1 earnings results tomorrow, May 19, before market open. For further details see: Canaan Q1 2022 Earnings Preview

CAN - LI, ARVL and SUNW among pre market gainers

Applied UV (AUVI) +24% announces inclusion in a multi-million dollar contract offering throughout non-public schools in the state of Washington. Pioneer Power Solutions (PPSI) +21% on Q1 results. On Holding (ONON) +19% on Q1 results. Sea Limited (SE) +14% on...

CAN - 7 Penny Stocks to Buy Now

InvestorPlace - Stock Market News, Stock Advice & Trading Tips These penny stocks present an opportunity to pick up some bargains after the steep sell-off in early May. Canaan ( CAN ): The high-performance computing solutions provider could bounce with a recovery in the crypto...

CAN - Why Crypto Mining Stocks Are Surging Today, Paring This Week's Losses

Today's been another wild one in the world of cryptocurrencies and crypto-related stocks. For companies tied to the crypto mining sector, this has been even more true. As of 9:45 a.m. ET, shares of Bit Mining (NYSE: BTCM) , SOS (NYSE: SOS) , Bit Digital (NASDAQ...

CAN - InvestorNewsBreaks - Canaan Inc. (NASDAQ: CAN) Announces Plans to Release Q1 2022 Financial Results

Canaan (NASDAQ: CAN) , a leading high-performance computing solutions provider, plans to report its financial results for the first quarter 2022, the period ended March 31, 2022; that information will be released on May 19, 2022, before the U.S. market opens. In addition, the company h...

CAN - Crypto Penny Stocks Take A Tumble As Bitcoin Breaches $29,000 Today

CPI data and the inflation report isn’t the only thing driving directional momentum in the stock market today. Cryptocurrency prices have sent a shockwave across crypto stocks today. In particular, some of the already beaten-down crypto penny stocks have taken it on the chin. This wa...

CAN - CPNG, HIVE and CLSK among pre market gainers

Biohaven Pharmaceutical BHVN +72% on Q1 results. Evaxion Biotech (EVAX) +54% announces successful production of personalized cancer immunotherapies in phase 1/2a clinical trial for EVX-02. Vroom VRM +36% on Q1 results. Vertex Energy VTNR +16% on Q1 results. ...

CAN - Aristotle Capital Management International Equity ADR 1Q 2022 Commentary

Aristotle Capital Management is an independent/employee-owned investment management organization that specializes in equity and fixed income portfolio management for institutional and advisory clients worldwide. For Q1 2022, Aristotle Capital’s International Equity ADR Composit...

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