2022-8-19 13:42 |
Supercomputing services provider Canaan (CAN) said Q2 revenue increased by 53% from the year-earlier quarter, but warned of the downward pressure on its performance from the tougher market conditions in the quarters ahead. origin »
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Canaan Inc. (NASDAQ: CAN) Chief Executive Officer Nangeng Zhang believes the Bitcoin (BTC/USD) mining hardware provider, and the broader sector, could see “prolonged headwinds” in the next few months as the crypto market battles the downside pressure that’s thwarted bulls since the fourth quarter of last year.
2022-8-18 16:50 | |
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Bitcoin mining company Canaan said revenue surged 237% from the year-earlier quarter to $213.9 million.
2022-5-20 14:33 | |
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The combination of an expanding customer base and higher average selling price drove the better-than-expected quarter.
2022-3-4 17:19 | |
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Chinese Bitcoin miner manufacturer Canaan Inc. has reported significant revenue figures for the second quarter of 2021.
2021-9-15 14:56 | |
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Canaan CEO Edward Lu said the company's sales grew by more than 80% in the first quarter
2021-6-30 11:29 | |
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The mining rig manufacturer Canaan saw steady profits during the Q1 after reporting its unaudited first quarter 2021 financial results on Tuesday. Canaan noted that it expects to at least sustain current profits or rise above to roughly $150 to $250 million in revenue for Q2.
2021-6-3 00:30 | |
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Canaan shares rose in price by 10% after reporting multiple growth in revenue in the first quarter of 2021, driven by an increase in bitcoin mining. Overseas markets drove the growth.
2021-6-8 20:43 | |
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Bitcoin mining rig manufacturer Canaan Creative reported a net loss of $5. 6 million for the first quarter of 2020, down from $9. 5 million a year earlier. The Chinese company cut prices of its ASIC-based machines by over 50% in an effort to improve sales, but that wasn’t enough to prevent the heavy loss.
2020-5-24 06:01 | |
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The first major bitcoin miner to go public on the US stock market rebounded slightly after a drop in the fourth quarter
2020-2-13 08:30 | |
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Ebang, one of China’s top manufacturers of bitcoin miners, is planning to produce 400,000 mining machines in 2019. On February 22, 2019, Ebang reportedly announced this plan to expand dramatically throughout the fiscal year.
2019-2-26 22:09 | |
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Shares of Nvidia plunged as much as 17 percent in after-hours trading on the Nasdaq Stock Market on Thursday, after the U. S. bitcoin mining equipment maker reported unexpectedly weak revenue for the third quarter.
2018-11-16 17:30 | |
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Altcoin rotation hopes rise as Van de Poppe links business-cycle signals, copper-gold strength and Clarity Act progress to crypto recovery.
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