Canaan Shares Dip On Q1 Revenue Miss And Weak Q2 Outlook

benzinga.com/news/25/05/45521739/canaan-shares-dip-on-q1-revenue-miss-and-weak-q2-outlook

Canaan Inc – ADR (NASDAQ:CAN) shares traded lower by 6.3% to 76 cents Tuesday morning after the crypto mining hardware maker reported first-quarter revenue of $82.8 million, topping its own guidance of $75 million but missing analysts' expectations of $90.1 million.
The company also…

This story appeared on benzinga.com, 2025-05-20 15:03:32.
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