Canaan Inc.

Canaan, Inc. provides computing solutions to solve problems. Currently, the firm is focused on the research and development of technology, including such areas as AI chips, AI algorithms, AI architectures, system on a chip (SoC) integration and chip integration. It also provides a suite of AI service solutions. The company was founded by Li Jia Xuan, Liu Xiang Fu and Zhang Nan Geng in 2013 and is headquartered in Beijing, China.

Earnings data Q4 2020

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Canaan Inc. surpasses revenue expectations amidst bitcoin industry challenges

Canaan Inc. navigated industry challenges to exceed revenue guidance, focusing on R&D investment and global mining expansion. The company faces tough market conditions but is strategically balancing share buyback and ATM use. Opportunities lie in AI chip development and expanding mining operations in North America.

Canaan Inc. Q1 2023 Sees Revival in Bitcoin Mining Demand

Canaan Inc. Q1 2023 reflects a resilient performance in the bitcoin mining industry, with a focus on innovation, global expansion, and financial stability. Despite ongoing challenges, the company is well-positioned to capitalize on opportunities for revenue growth and market share expansion.

Canaan Inc. reports robust Q2 mining revenue amidst market challenges

Canaan Inc. delivered solid financial performance in Q2 2023, with a focus on mining revenue and strategic growth initiatives. However, challenges from policy changes and market uncertainties warrant a cautious outlook for future revenue. The company remains resilient and adaptable in addressing industry dynamics.

Canaan Inc. reports Q3 revenue beat amidst market challenges

Canaan Inc. navigated a challenging quarter marked by financial losses and operational disruptions, yet demonstrated resilience through product innovation and market expansion efforts.
The company's proactive approach to raising capital and restructuring business segments indicates a strategic focus on long-term growth and sustainability.
While facing uncertainties in the industry, Canaan Inc. remains positioned to capitalize on opportunities for growth through product development and strategic partnerships.

Canaan Inc. surpasses revenue expectations, eyes growth amid market uncertainties

Canaan Inc. delivered strong financial performance in Q4 2023, surpassing revenue expectations and achieving notable sales growth. The company's strategic focus on innovation, partnerships, and operational efficiency positions it well for future growth. While challenges exist, Canaan Inc. is proactively addressing market uncertainties and pursuing growth opportunities.

Canaan Inc. reports Q1 revenue of USD 35 million, eyes growth

Canaan Inc. demonstrated strong revenue generation in Q1 2024 but faced a net loss due to significant operating expenses.
The company's focus on enhancing mining machines and managing costs positions it well for future growth and profitability.
Despite challenges, Canaan's strategic approach to cash management and product development presents opportunities for sustained success in the mining industry.
Investors should monitor Canaan's performance closely as the company aims for continued revenue growth in the upcoming quarters.

Canaan Inc. reports robust Q2 results amidst market challenges

Canaan Inc. reported strong Q2 2024 results with sequential revenue growth, operational improvements, and a positive outlook for future performance
The company's focus on innovation, cost management, and global expansion positions it well to navigate market challenges and capitalize on growth opportunities
Despite market uncertainties and operational challenges, Canaan Inc. remains resilient, adaptive, and poised for continued success in the cryptocurrency mining industry

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Canaan, Inc. is a holding company, which engages in developing and selling Bitcoin mining machines and related services. It focuses on the development of green mining. The company was founded by Jia Xuan Li, Xiang Fu Liu and Nan Geng Zhang in 2013 and is headquartered in Singapore.

NEW YORK--(BUSINESS WIRE)-- #CAN--Scott+Scott Attorneys at Law LLP Reminds Investors of Securities Class Action Against Canaan, Inc. (CAN) and June 14 Deadline

Scott+Scott Attorneys at Law LLP Reminds Investors of Securities Class Action Against Canaan, Inc. (CAN) and June 14 Deadline

CAN stock has declined from its peak, but Canaan's successful forays into crypto mining and facial-recognition tech should boost the outlook. The post Invest in the Gold Standard of Crypto Mining with Canaan Stock appeared first on InvestorPlace.

Invest in the Gold Standard of Crypto Mining with Canaan Stock

Los Angeles, California--(Newsfile Corp. - June 7, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Canaan Inc. ("Canaan" or "the Company") (NASDAQ: CAN) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 10, 2021 and April 9, 2021, inclusive (the...

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canaan Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Radnor, Pennsylvania--(Newsfile Corp. - June 5, 2021) - The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors of Canaan Inc. (NASDAQ: CAN) ("Canaan") that a securities fraud class action lawsuit has been filed on behalf of those who purchased or acquired Canaan American Depositary Receipts ("ADRs") between February 10, 2021 and April 9, 2021, inclusive (the "Class Period").Investor Deadline Reminder: Investors who purchased or acquired Canaan ADRs during the Class...

Class Action Lawsuit Deadline: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed Against Canaan Inc.

Despite volatility, the cryptocurrency mining stock is still up roughly 85% year to date.

Why Canaan Stock Plummeted 32.9% in May

Los Angeles, California--(Newsfile Corp. - June 5, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Canaan Inc. ("Canaan" or "the Company") (NASDAQ: CAN) for violations of the federal securities laws.Investors who purchased the Company's securities pursuant and/or traceable to the Company's initial public offering ("IPO") on or about November 20, 2019, are encouraged to contact the firm before May 4, 2020. ...

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Canaan Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Ebang International Holdings

The9 Ltd. Sponsored

Stable Bitcoin prices helped, and two of these companies also had positive news of their own.

Why Canaan, Ebang, and The9 Were Soaring This Week

RADNOR, Pa., June 4, 2021 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors that a securities fraud class action lawsuit has been filed against Canaan Inc. (NASDAQ: CAN) ("Canaan") on behalf of those who purchased or acquired Canaan American Depositary Receipts ("ADRs") between February 10, 2021 and April 9, 2021 , inclusive (the "Class Period").

CAN Investor Reminder: Kessler Topaz Meltzer & Check, LLP Announces Deadline in Securities Fraud Class Action Lawsuit Against Canaan Inc.

San Francisco, California--(Newsfile Corp. - June 3, 2021) -  Hagens Berman urges Canaan Inc. (NASDAQ: CAN) investors with significant losses to submit your losses now. A securities class action has been filed and certain investors may have valuable claims. Class Period: Feb. 10, 2021 - Apr. 9, 2021Lead Plaintiff Deadline: June 14, 2021Visit: www.hbsslaw.com/investor-fraud/CAN Contact An Attorney Now: CAN@hbsslaw.com 844-916-0895Canaan Inc. (NASDAQ: CAN) Securities Fraud Action:...

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Canaan (CAN) Investors to June 14th Application Deadline and Encourages Investors with Losses to Contact the Firm Now

Los Angeles, California--(Newsfile Corp. - June 3, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Canaan Inc. ("Canaan" or "the Company") (NASDAQ: CAN) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 10, 2021 and April 9, 2021, inclusive (the...

SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canaan Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - June 2, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Canaan Inc. ("Canaan" or "the Company") (NASDAQ: CAN) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 10, 2021 and April 9, 2021, inclusive (the...

UPCOMING DEADLINE NOTICE: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canaan Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Canaan Inc. (CAN) CEO Nangeng Zhang on Q1 2021 Results - Earnings Call Transcript

The stock price of Canaan Inc (NASDAQ: CAN) increased by over 25% during intraday trading. This is why it happened.

CAN Stock Price: Over 25% Increase Explanation

Orders are on the rise, helping the company return to profitability.

Why Canaan Stock Is Up After Earnings Results

Los Angeles, California--(Newsfile Corp. - June 1, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Canaan Inc. ("Canaan" or "the Company") (NASDAQ: CAN) for violations of the federal securities laws.Investors who purchased the Company's securities pursuant and/or traceable to the Company's initial public offering ("IPO") on or about November 20, 2019, are encouraged to contact the firm before May 4, 2020. ...

UPCOMING DEADLINE REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Canaan Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Canaan Inc (NASDAQ: CAN) reported first-quarter FY21 revenue growth of 490% year-on-year to $61.5 million. Total computing power sold rose 122% Y/Y to 2.0 million Thash/s.

Canaan Shares Are Trading Higher On Q1 Earnings Results

BEIJING, June 1, 2021 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced its unaudited financial results for the first quarter ended March 31, 2021. First quarter 2021 Operating and Financial Highlights Total computing power sold was 2.0 million Thash/s, increasing by 122.2% from 0.9 million Thash/s in the same period of 2020 and by 900.0% from 0.2 million Thash/s in the fourth quarter of 2020.

Canaan Inc. Reports Unaudited First Quarter 2021 Financial Results

Radnor, Pennsylvania--(Newsfile Corp. - May 31, 2021) - The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors of Canaan Inc. (NASDAQ: CAN) ("Canaan") that a securities fraud class action lawsuit has been filed on behalf of those who purchased or acquired Canaan American Depositary Receipts ("ADRs") between February 10, 2021 and April 9, 2021, inclusive (the "Class Period").Investor Deadline Reminder: Investors who purchased or acquired Canaan ADRs during the Class...

Investor Deadline Approaching: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Deadline in Securities Fraud Class Action Lawsuit Filed Against Canaan Inc. (CAN)

RADNOR, Pa., May 29, 2021 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors of Canaan Inc. (NASDAQ: CAN) ("Canaan") that a securities fraud class action lawsuit has been filed on behalf of those who purchased or acquired Canaan American Depositary Receipts ("ADRs") between February 10, 2021 and April 9, 2021 , inclusive (the "Class Period").

CLASS ACTION ALERT: Kessler Topaz Meltzer & Check, LLP Reminds Canaan Inc. Shareholders of Securities Fraud Class Action Lawsuit

NEW YORK, May 29, 2021 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Canaan Inc. (NASDAQ: CAN) between February 10, 2021 and April 9, 2021, inclusive (the "Class Period"), of the important June 14, 2021 lead plaintiff deadline. SO WHAT: If you purchased Canaan securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Canaan Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action - CAN

BENSALEM, Pa., May 28, 2021 /PRNewswire/ -- Law Offices of Howard G.

Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Canaan Inc. (CAN)

Los Angeles, California--(Newsfile Corp. - May 27, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Canaan Inc. ("Canaan" or "the Company") (NASDAQ: CAN) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 10, 2021 and April 9, 2021, inclusive (the...

INVESTOR ACTION NOTICE: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canaan Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

San Francisco, California--(Newsfile Corp. - May 26, 2021) - Hagens Berman urges Canaan Inc. (NASDAQ: CAN) investors with significant losses to submit your losses now. A securities class action has been filed and certain investors may have valuable claims. Class Period: Feb. 10, 2021 - Apr. 9, 2021Lead Plaintiff Deadline: June 14, 2021Visit: www.hbsslaw.com/investor-fraud/CAN Contact An Attorney Now: CAN@hbsslaw.com 844-916-0895Canaan Inc. (NASDAQ: CAN) Securities Fraud Action:...

HAGENS BERMAN Alerts Canaan (CAN) Investors to June Deadline in Securities Class Action, Encourages Investors with Losses to Contact the Firm

Los Angeles, California--(Newsfile Corp. - May 26, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Canaan Inc. ("Canaan" or "the Company") (NASDAQ: CAN) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 10, 2021 and April 9, 2021, inclusive (the...

INVESTOR ACTION REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canaan Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

BEIJING, May 26, 2021 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it plans to release its first quarter 2021 financial results before the market opens on Tuesday, June 1, 2021. The Company's management team will hold a Direct Event conference call on Tuesday, June 1, 2021, at 8:00 A.M.

News for Canaan Inc. Stock (CAN)