Canaan inc. reports unaudited fourth quarter and full year 2024 financial results

Total revenues of us$88.8 million exceeds guidance, up 80.9% yoy total computing power sold achieves record high of 9.1 million th/s, up 65.9% yoy bitcoin mining revenues reach us$15.3 million, up 312.5% yoy singapore , march 26, 2025 /prnewswire/ -- canaan inc. (nasdaq: can) ("canaan" or the "company"), an innovator in crypto mining, today announced its unaudited financial results for the three months and twelve months ended december 31, 2024. fourth quarter 2024 operating and financial highlights total revenues were us$88.8 million, which beat the guidance of us$80 million and increased 80.9% year-over-year.
CAN Ratings Summary
CAN Quant Ranking