Canaan Inc. Reports Unaudited Third Quarter 2024 Financial Results

Total Revenue Increased to US $73.6 Million, up 120.9% YoY - - Total Computing Power Sold Achieved 7.3 Million Thash/s, up 93.8% YoY - SINGAPORE, Nov. 20, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced its unaudited financial results for the three months ended September 30, 2024. Third Quarter 2024 Operating and Financial Highlights Revenues were US$ 73.6 million, which beat the previous guidance of US$73 m ...