CSIMarket
 
Canaan Inc   (CAN)
Other Ticker:  
 
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology
 
Price: $1.3000 $-0.04 -2.985%
Day's High: $1.38 Week Perf: -6.47 %
Day's Low: $ 1.28 30 Day Perf: -43.72 %
Volume (M): 8,332 52 Wk High: $ 3.50
Volume (M$): $ 10,832 52 Wk Avg: $2.13
Open: $1.32 52 Wk Low: $1.13



 Market Capitalization (Millions $) 3,351
 Shares Outstanding (Millions) 2,578
 Employees 346
 Revenues (TTM) (Millions $) 635
 Net Income (TTM) (Millions $) 71
 Cash Flow (TTM) (Millions $) -303
 Capital Exp. (TTM) (Millions $) 14

Canaan Inc
Through our own high speed computing ASICs, we provide supercomputing solutions. Our outstanding ASIC chip design capabilities are supported by our founders and management teams knowledge and more than nine years of industry experience. As one of the few fabless IC design businesses with cutting-edge technology, established access to top wafer foundries, and shown internal capacity to manufacture Bitcoin mining equipment, we are uniquely qualified to independently develop ASIC. We are a prominent manufacturer of Bitcoin mining equipment on the worldwide market and have largely focused our technology and experience in ASIC applications to Bitcoin mining rigs.
We are a fabless IC designer engaged in the front-end and back-end of IC design, which are the major components of the IC product development chain. We currently dedicate our technology and expertise in ASIC chip design to Bitcoin mining machines and AI applications. We, through our PRC operating subsidiaries, independently design and develop our products in-house, including the design of proprietary ASIC chips for our Bitcoin mining machines. Front-end IC design and back-end IC design are the key parts of the IC design process. We determine the parameters of the IC chip, establish the basic logic of the design, map out the initial plan for the physical layout, and conduct back-end verification on the design. We then work closely with industry-leading third-party suppliers to fabricate, test and package the IC products we design. Moreover, we have established in-house production capabilities to assemble both Bitcoin mining machines and AI chips. We assemble our Bitcoin mining machines primarily at our assembly plant located in the PRC by integrating the ICs produced by us and related components we procure. We believe our outstanding technical expertise and production experience in IC development chain enables us to continuously introduce ICs with higher performance and power efficiency for application in both the blockchain and AI fields.
Bitcoin Mining Machines
Our technology and expertise in ASIC applications are primarily dedicated to the design, development, production and sales of our proprietary ASIC-based Bitcoin mining machines under the AvalonMiner brand. Set forth below is a summary of the milestones and status of the development of our ASICs developed for Bitcoin mining machines.


   Company Address: 28 Ayer Rajah Crescent #06-08 0
   Company Phone Number: 6305 6618   Stock Exchange / Ticker: NASDAQ CAN
   CAN is expected to report next financial results on April 18, 2024.


Customers recorded net loss Customers recorded net loss



• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CYXT      0% 
DLR   -2.75%    
DOCN        0.35% 
EQIX   -3.6%    
GDDY        1.6% 
SQSP        7.55% 
• View Complete Report
   



Kopin Corporation

Financial Challenges and Decreased Revenue Plague Kopin Corporation as OLED Production Milestones are Achieved



Kopin Corporation, a renowned provider of application-specific optical solutions and high-performance micro-displays, recently achieved significant milestones in establishing fabless organic light emitting diode (OLED) display production for defense applications. While these accomplishments signal a major step forward for the company, its financial results for the fourth quarter and full year 2023 paint a contrasting picture. Kopin Corporation's declining orders have resulted in increased losses and a decrease in revenue. Additionally, the company faces challenges with rising stockpiles. This article provides a comprehensive analysis of market trends surrounding these developments.
Financial Overview:
Kopin Corporation's loss per share rose to $-0.05 from $-0.06, while revenue fell by 28.124% to $8.78 million from $12.22 million the previous year. Comparing this performance to the third quarter, revenue fell by 19.405% from $10.90 million, and the loss per share increased from $-0.02. The company recorded a net loss of $-6.489 million for the October to December 30, 2023 fiscal interval, indicating a larger loss compared to $-6.157 million during the same period the previous year.

Axt Inc

Axt Inc Faces Larger Deficit in Q4 2023 Despite Challenging Business Environment2.



Despite facing a challenging business environment in the fourth quarter of 2023, Axt Inc (NasdaqGS: AXTI) remains well-positioned for future growth. The company's recent financial results may reflect short-term setbacks, but its solid gains over the past week and impressive improvements over the past year indicate a promising turnaround is on the horizon.
Embracing Challenges and Building for the Future:
The October to December 2023 period proved to be a trying time for Axt Inc, with weak business conditions leading to increased losses. However, it is essential to analyze these results within the broader context of the Semiconductors industry, where Axt Inc's performance was in contrast to the overall trend of revenue improvement.

Skywater Technology Inc

SkyWater Technology Inc. Reports Strong Revenue Growth Despite Increase in Loss Per Share

SkyWater Technology Inc., a trusted technology realization partner, has recently announced its financial results for the fourth quarter and full fiscal year 2023. Despite an increase in revenue by 21.611% to $79.15 million from the same period the year prior, the company has also experienced an increase in loss per share at $-0.20 per share. However, these numbers should not overshadow the positive developments that SkyWater has made recently.
One notable achievement is the company's appointment of Dennis Goetz and Joseph Humke to its board of directors. These two individuals, who are highly accomplished professionals, are expected to contribute significantly to SkyWater's strategic direction and growth. This move demonstrates the company's commitment to strengthening its leadership team with individuals who possess extensive experience and expertise in their respective fields.

Broadcom Inc

Broadcom Inc. Surpasses Expectations with Revenue Surge in Q1 2024

Broadcom Inc. (AVGO) has recently reported its financial results for the first quarter of 2024, showcasing impressive revenue growth and a commitment to pushing the boundaries of technology. Despite a slight dip in income per share compared to the previous year, the company saw a substantial increase in revenue and has introduced groundbreaking innovations in AI systems.
The company's revenue for the first quarter of 2024 stood at an impressive $9.30 billion, marking a 34.167% growth compared to the corresponding period a year before. This growth outpaced many of its industry competitors, showcasing Broadcom's strong performance in the semiconductor sector. Additionally, the company has announced a series of game-changing technologies that are set to revolutionize AI systems.

Pixelworks Inc

Pixelworks Inc. Reports Strong Revenue Growth Despite Increased Deficit in Q4 2023

Financial news report:
Pixelworks Inc, a leading provider of visual processing solutions, has reported its financial results for the financial fourth quarter of 2023. The company's deficit has expanded to $-0.06 per share, compared to $-0.03 a year ago. However, there is some positive news as the EPS improved from $-0.12 per share from the previous quarter.
One of the highlights of the report is the considerable growth in revenue. The company saw a growth of 18.865% to $20.07 million from $16.89 million in the similar quarter a year ago. Additionally, the revenue also improved sequentially by 25.212% from $16.03 million.






 

Canaan Inc's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com