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CAN - Canaan Inc News Story

$2.35 -0.0  -1.3%

Last Trade - 8:32pm

Sector
Technology
Size
Small Cap
Market Cap £329.1m
Enterprise Value £301.8m
Revenue £158.8m
Position in Universe 3089th / 6393

BRIEF-Canaan Says Total Net Revenues In Q1 2020 Increased By 44.6% To RMB68.3 Mln

Fri 22nd May, 2020 11:35am
May 22 (Reuters) - Canaan Inc  CAN.O :
    * CANAAN - TOTAL NET REVENUES IN Q1 2020 INCREASED BY 44.6%
TO
RMB68.3 MILLION (US$9.6 MILLION) FROM RMB47.2 MILLION IN THE
SAME PERIOD OF 2019
    * CANAAN - BASIC AND DILUTED NET LOSS PER ADS IN THE FIRST
QUARTER
OF 2020 WAS RMB0.25 (US$0.04)
    * CANAAN INC - WILL NOT ISSUE A BUSINESS OUTLOOK FOR THE
SECOND
QUARTER OF 2020

Source text: [https://bit.ly/3gc09g4]
Further company coverage:  CAN.O 

 (Reuters.Briefs@thomsonreuters.com)
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