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May 12, 2022, 2:48 p.m. EDT

InvestorNewsBreaks - Canaan Inc. (US: CAN) Announces Plans to Release Q1 2022 Financial Results

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/zigman2/quotes/215105791/composite CAN -3.93%

May 12, 2022 (Investor Brand Network via COMTEX) -- Canaan , a leading high-performance computing solutions provider, plans to report its financial results for the first quarter 2022, the period endedMarch 31, 2022; that information will be released on May 19, 2022, before the U.S. market opens. In addition, the company has scheduled a call to discuss the financial report; members of Canaan's management team will host the call, which is slated to begin at 8 a.m. ET on May 19. Those interested in participating in the Canaan Inc. First Quarter 2022 Earnings Conference Call must register beforehand and will receive dial-in numbers, a Direct Event passcode and a unique access PIN that will allow them to join the event. The company noted that investors are invited to submit questions up to 24 hours before the call, and the management team will answer a selection of those submitted questions during the event. A replay of the conference call will be available untilMay 26, 2022, by dialing +61-2-8199-0299 (international), 1-646-254-3697 (United States) or +852-3051-2780 (Hong Kong and China) and using the replay PIN 4736536. Those interested can also view a live webcast of the call on the company's investor relations website.

To register for the call, visit https://ibn.fm/vODtc

To view the full press release, visit https://ibn.fm/aHsyY

About Canaan Inc.

Established in 2013, Canaan is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production and software services. The company's vision states that "super computing is what we do, social enrichment is why we do it." Canaan has rich experience in chip design and streamlined production in the ASIC field. In 2013, the company released and mass produced its first ASIC Bitcoin mining machine. In 2018, Canaan released the world's first 7nm ASIC chip, providing energy-efficient computing equipment to the cryptocurrency mining industry. In the same year, Canaan released the world's first RISC-V architecture commercial edge AI chip, further harnessing the potential of ASIC technology in the field of high-performance computing and artificial intelligence. For additional information about this company, visit www.Canaan.io .

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COMTEX_407107920/2557/2022-05-12T14:48:14

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/zigman2/quotes/215105791/composite
US : U.S.: Nasdaq
$ 3.91
-0.16 -3.93%
Volume: 1.57M
Aug. 17, 2022 4:00p
P/E Ratio
1.87
Dividend Yield
N/A
Market Cap
$684.76 million
Rev. per Employee
$2.68M
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