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CORRECTION: Canaan Sees Q1 2024 Revenue $33M Vs $43.07M Est.; Sees Q2 2024 Revenue $70M

Author: Benzinga Newsdesk | February 27, 2024 10:12am

Business Outlook

For the first quarter of 2024, and the second quarter of 2024, the Company expects total revenues to be approximately US$33 million, and US$70 million, respectively, considering the challenging market conditions across the industry. This forecast reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change.

Posted In: CAN


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