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Canaan Inc. (CAN) Misses Q1 EPS by 100c ; Offers Guidance

August 15, 2024 5:34 AM EDT

Canaan Inc. (NASDAQ: CAN) reported Q1 EPS of ($1.02), $1.00 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $71.86 million versus the consensus estimate of $51.9 million.

GUIDANCE:

Canaan Inc. sees Q2 2024 revenue of ~$73 million, versus the consensus of $61.58 million.

For earnings history and earnings-related data on Canaan Inc. (CAN) click here.



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