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Canaan Reiterated Q2 Revenue of $70M Vs $70.2M Est and Expects Q3 Revenue of $70M Vs $91.4M Est

Author: Benzinga Newsdesk | May 17, 2024 05:25am

Business Outlook

The Company maintains its guidance for the second quarter of 2024 and provides an outlook for the third quarter of 2024. For the second quarter of 2024, the Company expects total revenues to be approximately US$70 million. For the third quarter of 2024, the Company expects total revenues to be approximately US$70 million. 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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