Canaan inc. reports unaudited third quarter 2024 financial results

- total revenue increased to us$73.6 million, up 120.9% yoy - - total computing power sold achieved 7.3 million thash/s, up 93.8% yoy - singapore , nov. 20, 2024 /prnewswire/ -- canaan inc. (nasdaq: can) ("canaan" or the "company"), a leading high-performance computing solutions provider, today announced its unaudited financial results for the three months ended september 30, 2024. third quarter 2024 operating and financial highlights revenues were us$73.6 million, which beat the previous guidance of us$73 million and increased 120.9% year-over-year.
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