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Canaan Revenue Falls to $31.9M as Q2 Net Loss Widens

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Canaan’s second-quarter revenue fell by nearly half sequentially as mining-equipment demand weakened and its net loss expanded to $97.6 million.

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Canaan Revenue Falls to $31.9M as Q2 Net Loss Widens
Blockchain Reporter 3h ago

Canaan Revenue Falls to $31.9M as Q2 Net Loss Widens

Canaan’s second-quarter revenue fell by nearly half sequentially as mining-equipment demand weakened and its net loss expanded to $97.6 million.