InvestorNewsBreaks – Canaan Inc. (NASDAQ: CAN) Releases Q1 2022 Financial Report
Canaan (NASDAQ: CAN), a leading high-performance computing solutions provider, is reporting its unaudited financial results for the three-month period ended March 31, 2022. Highlights of the report include increase in total computing power sold (4.3 million Thash/s, an increase of 119.1% from the same period in 2021), revenue ($213.9 million, a 236.7% from Q1 2021) and gross profile ($130.9 million, an increase of 327.2% from the same period…