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Canaan (CAN) Reports Q3 Loss, Tops Revenue Estimates

By Yahoo! Finance   |   Nov 20, 2024 at 09:10 AM EST
Canaan (CAN) Reports Q3 Loss, Tops Revenue Estimates

Canaan (CAN) reported a quarterly loss of $0.27 per share, missing the estimate of a loss of $0.15. Despite revenue beating expectations, the stock has dropped 31.2% this year.

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