Tag Archives: Loss

Canaan reveals narrowed web loss in Q1

Canaan, a Nasdaq-listed bitcoin mining machine producer, noticed a slight uptick in its enterprise within the first quarter of 2020 after a disappointing efficiency in 2019.  In a quarterly filing with the Securities and Alternate Fee (SEC), the Hangzhou, China-based firm reported a complete web lack of $5.6 million in Q1. The quantity is 41%… Read More »

Bitcoin Mining {Hardware} Maker Experiences $148M Internet Loss in 2019

Nasdaq-listed Bitcoin mining gear producer, Canaan, reported a internet lack of $148 million for 2019, based on the most recent monetary outcomes filed with the Securities and Alternate Fee (SEC). The most recent unaudited This fall and 2019 monetary results from the China-based firm mentioned that its complete 2019 internet income was $204.three million. This… Read More »