Canaan Q2 Revenue Was $246.7M, up 52.8% YoY

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Canaan Q2 Revenue Was $246.7M, up 52.8% YoY

Seeking Alpha2022-08-18

Canaan press release (NASDAQ:CAN): Q2 GAAP EPADS of $0.53.
Non-GAAP adjusted net income was $102.7M, representing an increase of 26.6% from the first quarter of 2022 and an increase of 115.0% from the same period of 2021.
Revenue of $246.7M (+52.8% Y/Y).
Total computing power sold was 5.5M Thash/s, representing an increase of 27.5% from 4.3M Thash/s in the first quarter of 2022 and a decrease of 7.7% from 5.9M Thash/s in the same period of 2021.
As of June 30, 2022, the company held cryptocurrency assets that comprised 346.84 Bitcoins, with a carrying value of $7.7M.
For the third quarter of 2022, the company expects total net revenues to be in the range of $134.4M to $164.2M, representing a decrease of 17% to 32% from the third quarter of 2021 vs. consensus of $171.34M.

Canaan shares climbed 4.6% in premarket trading.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Seah CL
·2022-08-19
K
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ZenInv
·2022-08-18
The response to crypto stocks is tepid
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babiboo
·2022-08-18
Wahseh
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babiboo
·2022-08-18
Woww
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DMan
·2022-08-18
Go go go!
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Bitcoins, with a carrying value of $7.7M.</li><li>For the third quarter of 2022, the company expects total net revenues to be in the range of $134.4M to $164.2M, representing a decrease of 17% to 32% from the third quarter of 2021 vs. consensus of $171.34M.</li></ul><p>Canaan shares climbed 4.6% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/2e3f2d6020c2587eafff17f79bbe6a9a\" tg-width=\"829\" tg-height=\"624\" width=\"100%\" height=\"auto\"/></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Canaan Q2 Revenue Was $246.7M, up 52.8% YoY</title>\n<style 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release (NASDAQ:CAN): Q2 GAAP EPADS of $0.53.Non-GAAP adjusted net income was $102.7M, representing an increase of 26.6% from the first quarter of 2022 and an increase of 115.0% from the ...</p>\n\n<a href=\"https://seekingalpha.com/news/3874472-canaan-gaap-epads-of-053-revenue-of-2467m-sees-q3-net-revenue-above-estimates?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3ANews%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1\">Source 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$0.53.</li><li>Non-GAAP adjusted net income was $102.7M, representing an increase of 26.6% from the first quarter of 2022 and an increase of 115.0% from the same period of 2021.</li><li>Revenue of $246.7M (+52.8% Y/Y).</li><li>Total computing power sold was 5.5M Thash/s, representing an increase of 27.5% from 4.3M Thash/s in the first quarter of 2022 and a decrease of 7.7% from 5.9M Thash/s in the same period of 2021.</li><li>As of June 30, 2022, the company held cryptocurrency assets that comprised 346.84 Bitcoins, with a carrying value of $7.7M.</li><li>For the third quarter of 2022, the company expects total net revenues to be in the range of $134.4M to $164.2M, representing a decrease of 17% to 32% from the third quarter of 2021 vs. consensus of $171.34M.</li></ul><p>Canaan shares climbed 4.6% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/2e3f2d6020c2587eafff17f79bbe6a9a\" tg-width=\"829\" tg-height=\"624\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Canaan Q2 Revenue Was $246.7M, up 52.8% YoY</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; 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$246.7M, up 52.8% YoY\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-18 18:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3874472-canaan-gaap-epads-of-053-revenue-of-2467m-sees-q3-net-revenue-above-estimates?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3ANews%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Canaan press release (NASDAQ:CAN): Q2 GAAP EPADS of $0.53.Non-GAAP adjusted net income was $102.7M, representing an increase of 26.6% from the first quarter of 2022 and an increase of 115.0% from the ...</p>\n\n<a href=\"https://seekingalpha.com/news/3874472-canaan-gaap-epads-of-053-revenue-of-2467m-sees-q3-net-revenue-above-estimates?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3ANews%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAN":"嘉楠科技"},"source_url":"https://seekingalpha.com/news/3874472-canaan-gaap-epads-of-053-revenue-of-2467m-sees-q3-net-revenue-above-estimates?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3ANews%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104434333","content_text":"Canaan press release (NASDAQ:CAN): Q2 GAAP EPADS of $0.53.Non-GAAP adjusted net income was $102.7M, representing an increase of 26.6% from the first quarter of 2022 and an increase of 115.0% from the same period of 2021.Revenue of $246.7M (+52.8% Y/Y).Total computing power sold was 5.5M Thash/s, representing an increase of 27.5% from 4.3M Thash/s in the first quarter of 2022 and a decrease of 7.7% from 5.9M Thash/s in the same period of 2021.As of June 30, 2022, the company held cryptocurrency assets that comprised 346.84 Bitcoins, with a carrying value of $7.7M.For the third quarter of 2022, the company expects total net revenues to be in the range of $134.4M to $164.2M, representing a decrease of 17% to 32% from the third quarter of 2021 vs. consensus of $171.34M.Canaan shares climbed 4.6% in premarket trading.","news_type":1,"symbols_score_info":{"CAN":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9991612716,"gmtCreate":1660825931737,"gmtModify":1676536405860,"author":{"id":"4098783902581330","authorId":"4098783902581330","name":"ZenInv","avatar":"https://community-static.tradeup.com/news/033bd47e3df1977aaef462f53997e9f1","vip":1,"crmLevel":11,"crmLevelSwitch":0,"idStr":"4098783902581330","authorIdStr":"4098783902581330"},"htmlText":"The response to crypto stocks is tepid","listText":"The response to crypto stocks is tepid","text":"The response to crypto stocks is tepid","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9991612716","repostId":1104434333,"repostType":4,"repost":{"id":"1104434333","kind":"news","pubTimestamp":1660818444,"share":"https://ttm.financial/m/news/1104434333?lang=&edition=fundamental","pubTime":"2022-08-18 18:27","market":"us","language":"en","title":"Canaan Q2 Revenue Was $246.7M, up 52.8% YoY","url":"https://stock-news.laohu8.com/highlight/detail?id=1104434333","media":"Seeking Alpha","summary":"Canaan press release (NASDAQ:CAN): Q2 GAAP EPADS of $0.53.Non-GAAP adjusted net income was $102.7M, ","content":"<html><head></head><body><ul><li>Canaan press release (NASDAQ:CAN): Q2 GAAP EPADS of $0.53.</li><li>Non-GAAP adjusted net income was $102.7M, representing an increase of 26.6% from the first quarter of 2022 and an increase of 115.0% from the same period of 2021.</li><li>Revenue of $246.7M (+52.8% Y/Y).</li><li>Total computing power sold was 5.5M Thash/s, representing an increase of 27.5% from 4.3M Thash/s in the first quarter of 2022 and a decrease of 7.7% from 5.9M Thash/s in the same period of 2021.</li><li>As of June 30, 2022, the company held cryptocurrency assets that comprised 346.84 Bitcoins, with a carrying value of $7.7M.</li><li>For the third quarter of 2022, the company expects total net revenues to be in the range of $134.4M to $164.2M, representing a decrease of 17% to 32% from the third quarter of 2021 vs. consensus of $171.34M.</li></ul><p>Canaan shares climbed 4.6% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/2e3f2d6020c2587eafff17f79bbe6a9a\" tg-width=\"829\" tg-height=\"624\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Canaan Q2 Revenue Was $246.7M, up 52.8% YoY</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; 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width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCanaan Q2 Revenue Was $246.7M, up 52.8% YoY\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-18 18:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3874472-canaan-gaap-epads-of-053-revenue-of-2467m-sees-q3-net-revenue-above-estimates?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3ANews%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Canaan press release (NASDAQ:CAN): Q2 GAAP EPADS of $0.53.Non-GAAP adjusted net income was $102.7M, representing an increase of 26.6% from the first quarter of 2022 and an increase of 115.0% from the ...</p>\n\n<a href=\"https://seekingalpha.com/news/3874472-canaan-gaap-epads-of-053-revenue-of-2467m-sees-q3-net-revenue-above-estimates?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3ANews%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAN":"嘉楠科技"},"source_url":"https://seekingalpha.com/news/3874472-canaan-gaap-epads-of-053-revenue-of-2467m-sees-q3-net-revenue-above-estimates?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3ANews%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104434333","content_text":"Canaan press release (NASDAQ:CAN): Q2 GAAP EPADS of $0.53.Non-GAAP adjusted net income was $102.7M, representing an increase of 26.6% from the first quarter of 2022 and an increase of 115.0% from the same period of 2021.Revenue of $246.7M (+52.8% Y/Y).Total computing power sold was 5.5M Thash/s, representing an increase of 27.5% from 4.3M Thash/s in the first quarter of 2022 and a decrease of 7.7% from 5.9M Thash/s in the same period of 2021.As of June 30, 2022, the company held cryptocurrency assets that comprised 346.84 Bitcoins, with a carrying value of $7.7M.For the third quarter of 2022, the company expects total net revenues to be in the range of $134.4M to $164.2M, representing a decrease of 17% to 32% from the third quarter of 2021 vs. consensus of $171.34M.Canaan shares climbed 4.6% in premarket trading.","news_type":1,"symbols_score_info":{"CAN":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9991692470,"gmtCreate":1660822189492,"gmtModify":1676536405281,"author":{"id":"3577409082356068","authorId":"3577409082356068","name":"babiboo","avatar":"https://static.tigerbbs.com/8be2f9f25874d7f974661428b042a2e7","vip":1,"crmLevel":12,"crmLevelSwitch":0,"idStr":"3577409082356068","authorIdStr":"3577409082356068"},"htmlText":"Wahseh","listText":"Wahseh","text":"Wahseh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9991692470","repostId":1104434333,"repostType":4,"repost":{"id":"1104434333","kind":"news","pubTimestamp":1660818444,"share":"https://ttm.financial/m/news/1104434333?lang=&edition=fundamental","pubTime":"2022-08-18 18:27","market":"us","language":"en","title":"Canaan Q2 Revenue Was $246.7M, up 52.8% YoY","url":"https://stock-news.laohu8.com/highlight/detail?id=1104434333","media":"Seeking Alpha","summary":"Canaan press release (NASDAQ:CAN): Q2 GAAP EPADS of $0.53.Non-GAAP adjusted net income was $102.7M, ","content":"<html><head></head><body><ul><li>Canaan press release (NASDAQ:CAN): Q2 GAAP EPADS of $0.53.</li><li>Non-GAAP adjusted net income was $102.7M, representing an increase of 26.6% from the first quarter of 2022 and an increase of 115.0% from the same period of 2021.</li><li>Revenue of $246.7M (+52.8% Y/Y).</li><li>Total computing power sold was 5.5M Thash/s, representing an increase of 27.5% from 4.3M Thash/s in the first quarter of 2022 and a decrease of 7.7% from 5.9M Thash/s in the same period of 2021.</li><li>As of June 30, 2022, the company held cryptocurrency assets that comprised 346.84 Bitcoins, with a carrying value of $7.7M.</li><li>For the third quarter of 2022, the company expects total net revenues to be in the range of $134.4M to $164.2M, representing a decrease of 17% to 32% from the third quarter of 2021 vs. consensus of $171.34M.</li></ul><p>Canaan shares climbed 4.6% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/2e3f2d6020c2587eafff17f79bbe6a9a\" tg-width=\"829\" tg-height=\"624\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Canaan Q2 Revenue Was $246.7M, up 52.8% YoY</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCanaan Q2 Revenue Was $246.7M, up 52.8% YoY\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-18 18:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3874472-canaan-gaap-epads-of-053-revenue-of-2467m-sees-q3-net-revenue-above-estimates?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3ANews%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Canaan press release (NASDAQ:CAN): Q2 GAAP EPADS of $0.53.Non-GAAP adjusted net income was $102.7M, representing an increase of 26.6% from the first quarter of 2022 and an increase of 115.0% from the ...</p>\n\n<a href=\"https://seekingalpha.com/news/3874472-canaan-gaap-epads-of-053-revenue-of-2467m-sees-q3-net-revenue-above-estimates?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3ANews%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAN":"嘉楠科技"},"source_url":"https://seekingalpha.com/news/3874472-canaan-gaap-epads-of-053-revenue-of-2467m-sees-q3-net-revenue-above-estimates?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3ANews%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104434333","content_text":"Canaan press release (NASDAQ:CAN): Q2 GAAP EPADS of $0.53.Non-GAAP adjusted net income was $102.7M, representing an increase of 26.6% from the first quarter of 2022 and an increase of 115.0% from the same period of 2021.Revenue of $246.7M (+52.8% Y/Y).Total computing power sold was 5.5M Thash/s, representing an increase of 27.5% from 4.3M Thash/s in the first quarter of 2022 and a decrease of 7.7% from 5.9M Thash/s in the same period of 2021.As of June 30, 2022, the company held cryptocurrency assets that comprised 346.84 Bitcoins, with a carrying value of $7.7M.For the third quarter of 2022, the company expects total net revenues to be in the range of $134.4M to $164.2M, representing a decrease of 17% to 32% from the third quarter of 2021 vs. consensus of $171.34M.Canaan shares climbed 4.6% in premarket trading.","news_type":1,"symbols_score_info":{"CAN":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9991692580,"gmtCreate":1660822183842,"gmtModify":1676536405280,"author":{"id":"3577409082356068","authorId":"3577409082356068","name":"babiboo","avatar":"https://static.tigerbbs.com/8be2f9f25874d7f974661428b042a2e7","vip":1,"crmLevel":12,"crmLevelSwitch":0,"idStr":"3577409082356068","authorIdStr":"3577409082356068"},"htmlText":"Woww","listText":"Woww","text":"Woww","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9991692580","repostId":1104434333,"repostType":4,"repost":{"id":"1104434333","kind":"news","pubTimestamp":1660818444,"share":"https://ttm.financial/m/news/1104434333?lang=&edition=fundamental","pubTime":"2022-08-18 18:27","market":"us","language":"en","title":"Canaan Q2 Revenue Was $246.7M, up 52.8% YoY","url":"https://stock-news.laohu8.com/highlight/detail?id=1104434333","media":"Seeking Alpha","summary":"Canaan press release (NASDAQ:CAN): Q2 GAAP EPADS of $0.53.Non-GAAP adjusted net income was $102.7M, ","content":"<html><head></head><body><ul><li>Canaan press release (NASDAQ:CAN): Q2 GAAP EPADS of $0.53.</li><li>Non-GAAP adjusted net income was $102.7M, representing an increase of 26.6% from the first quarter of 2022 and an increase of 115.0% from the same period of 2021.</li><li>Revenue of $246.7M (+52.8% Y/Y).</li><li>Total computing power sold was 5.5M Thash/s, representing an increase of 27.5% from 4.3M Thash/s in the first quarter of 2022 and a decrease of 7.7% from 5.9M Thash/s in the same period of 2021.</li><li>As of June 30, 2022, the company held cryptocurrency assets that comprised 346.84 Bitcoins, with a carrying value of $7.7M.</li><li>For the third quarter of 2022, the company expects total net revenues to be in the range of $134.4M to $164.2M, representing a decrease of 17% to 32% from the third quarter of 2021 vs. consensus of $171.34M.</li></ul><p>Canaan shares climbed 4.6% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/2e3f2d6020c2587eafff17f79bbe6a9a\" tg-width=\"829\" tg-height=\"624\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Canaan Q2 Revenue Was $246.7M, up 52.8% YoY</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCanaan Q2 Revenue Was $246.7M, up 52.8% YoY\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-18 18:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3874472-canaan-gaap-epads-of-053-revenue-of-2467m-sees-q3-net-revenue-above-estimates?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3ANews%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Canaan press release (NASDAQ:CAN): Q2 GAAP EPADS of $0.53.Non-GAAP adjusted net income was $102.7M, representing an increase of 26.6% from the first quarter of 2022 and an increase of 115.0% from the ...</p>\n\n<a href=\"https://seekingalpha.com/news/3874472-canaan-gaap-epads-of-053-revenue-of-2467m-sees-q3-net-revenue-above-estimates?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3ANews%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAN":"嘉楠科技"},"source_url":"https://seekingalpha.com/news/3874472-canaan-gaap-epads-of-053-revenue-of-2467m-sees-q3-net-revenue-above-estimates?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3ANews%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104434333","content_text":"Canaan press release (NASDAQ:CAN): Q2 GAAP EPADS of $0.53.Non-GAAP adjusted net income was $102.7M, representing an increase of 26.6% from the first quarter of 2022 and an increase of 115.0% from the same period of 2021.Revenue of $246.7M (+52.8% Y/Y).Total computing power sold was 5.5M Thash/s, representing an increase of 27.5% from 4.3M Thash/s in the first quarter of 2022 and a decrease of 7.7% from 5.9M Thash/s in the same period of 2021.As of June 30, 2022, the company held cryptocurrency assets that comprised 346.84 Bitcoins, with a carrying value of $7.7M.For the third quarter of 2022, the company expects total net revenues to be in the range of $134.4M to $164.2M, representing a decrease of 17% to 32% from the third quarter of 2021 vs. consensus of $171.34M.Canaan shares climbed 4.6% in premarket trading.","news_type":1,"symbols_score_info":{"CAN":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9991606761,"gmtCreate":1660819590555,"gmtModify":1676536404980,"author":{"id":"3582715682022765","authorId":"3582715682022765","name":"DMan","avatar":"https://static.tigerbbs.com/6399d40f2dd21db391da7642e5d28c16","vip":1,"crmLevel":13,"crmLevelSwitch":0,"idStr":"3582715682022765","authorIdStr":"3582715682022765"},"htmlText":"Go go go!","listText":"Go go go!","text":"Go go go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9991606761","repostId":1104434333,"repostType":4,"repost":{"id":"1104434333","kind":"news","pubTimestamp":1660818444,"share":"https://ttm.financial/m/news/1104434333?lang=&edition=fundamental","pubTime":"2022-08-18 18:27","market":"us","language":"en","title":"Canaan Q2 Revenue Was $246.7M, up 52.8% YoY","url":"https://stock-news.laohu8.com/highlight/detail?id=1104434333","media":"Seeking Alpha","summary":"Canaan press release (NASDAQ:CAN): Q2 GAAP EPADS of $0.53.Non-GAAP adjusted net income was $102.7M, ","content":"<html><head></head><body><ul><li>Canaan press release (NASDAQ:CAN): Q2 GAAP EPADS of $0.53.</li><li>Non-GAAP adjusted net income was $102.7M, representing an increase of 26.6% from the first quarter of 2022 and an increase of 115.0% from the same period of 2021.</li><li>Revenue of $246.7M (+52.8% Y/Y).</li><li>Total computing power sold was 5.5M Thash/s, representing an increase of 27.5% from 4.3M Thash/s in the first quarter of 2022 and a decrease of 7.7% from 5.9M Thash/s in the same period of 2021.</li><li>As of June 30, 2022, the company held cryptocurrency assets that comprised 346.84 Bitcoins, with a carrying value of $7.7M.</li><li>For the third quarter of 2022, the company expects total net revenues to be in the range of $134.4M to $164.2M, representing a decrease of 17% to 32% from the third quarter of 2021 vs. consensus of $171.34M.</li></ul><p>Canaan shares climbed 4.6% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/2e3f2d6020c2587eafff17f79bbe6a9a\" tg-width=\"829\" tg-height=\"624\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" 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href=https://seekingalpha.com/news/3874472-canaan-gaap-epads-of-053-revenue-of-2467m-sees-q3-net-revenue-above-estimates?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3ANews%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Canaan press release (NASDAQ:CAN): Q2 GAAP EPADS of $0.53.Non-GAAP adjusted net income was $102.7M, representing an increase of 26.6% from the first quarter of 2022 and an increase of 115.0% from the ...</p>\n\n<a href=\"https://seekingalpha.com/news/3874472-canaan-gaap-epads-of-053-revenue-of-2467m-sees-q3-net-revenue-above-estimates?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3ANews%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAN":"嘉楠科技"},"source_url":"https://seekingalpha.com/news/3874472-canaan-gaap-epads-of-053-revenue-of-2467m-sees-q3-net-revenue-above-estimates?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3ANews%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104434333","content_text":"Canaan press release (NASDAQ:CAN): Q2 GAAP EPADS of $0.53.Non-GAAP adjusted net income was $102.7M, representing an increase of 26.6% from the first quarter of 2022 and an increase of 115.0% from the same period of 2021.Revenue of $246.7M (+52.8% Y/Y).Total computing power sold was 5.5M Thash/s, representing an increase of 27.5% from 4.3M Thash/s in the first quarter of 2022 and a decrease of 7.7% from 5.9M Thash/s in the same period of 2021.As of June 30, 2022, the company held cryptocurrency assets that comprised 346.84 Bitcoins, with a carrying value of $7.7M.For the third quarter of 2022, the company expects total net revenues to be in the range of $134.4M to $164.2M, representing a decrease of 17% to 32% from the third quarter of 2021 vs. consensus of $171.34M.Canaan shares climbed 4.6% in premarket trading.","news_type":1,"symbols_score_info":{"CAN":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":45,"commentSize":5,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}