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Canaan Q3 EPS $0.01 Beats $(0.06) Estimate, Sales $14.543M Beat $13.664M Estimate

Benzinga Newsdesk 5 hours ago

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Canaan (NASDAQ:CAN) reported quarterly earnings of $0.01 per share which beat the analyst consensus estimate of $(0.06) by 116.67 percent. This is a 120 percent increase over losses of $(0.05) per share from the same

Canaan (NASDAQ:CAN) reported quarterly earnings of $0.01 per share which beat the analyst consensus estimate of $(0.06) by 116.67 percent. This is a 120 percent increase over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $14.543 million which beat the analyst consensus estimate of $13.664 million by 6.43 percent. This is a 90.34 percent decrease over sales of $150.476 million the same period last year.

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