Bitcoin Stock Canaan Up After Q1 Print, What's Going On?
Bitcoin Stock Canaan Up After Q1 Print, What's Going On?
Canaan Inc (NASDAQ:CAN) reported a fiscal first-quarter 2024 revenue decline of 36.5% year-on-year to $35.09 million, beating the analyst consensus estimate of $30.10 million.
迦南公司（納斯達克股票代碼：CAN）報告稱，2024財年第一季度收入同比下降36.5％，至3,509萬美元，超過了分析師共識估計的3,010萬美元。
Earnings per ADS loss of $(0.16) beat the analyst consensus estimate loss of $(0.36). The stock price gained after the print.
每股ADS虧損的收益爲0.16美元，超過了分析師共識估計的虧損美元（0.36美元）。印刷後股價上漲。
Products revenue in the first quarter of 2024 was $23.4 million, compared to $44.1 million Y/Y. Mining revenue in the first quarter of 2024 was $10.5 million, representing a decrease of 5.7% Y/Y.
2024年第一季度的產品收入爲2340萬美元，同比下降4,410萬美元。2024年第一季度的礦業收入爲1,050萬美元，同比下降5.7％。
The company sold a total computing power of 3.4 million Thash/s. Canaan held $54.7 million in cash and equivalents as of March-end.
該公司總共售出了340萬塔什/秒的計算能力。截至3月底，迦南持有5,470萬美元的現金及等價物。
The company's holdings of Bitcoin surpassed 1,000 for the first time, reaching 1,057 Bitcoins.
該公司的比特幣持有量首次超過1,000個，達到1,057個比特幣。
Nangeng Zhang, Chairman and Chief Executive Officer of Canaan, commented, "Furthermore, the introduction of our new A1566 mining machines and the continued demand for our A14 series post the halving underscore our consistent capabilities in product innovation and market responsiveness."
迦南董事長兼首席執行官張南庚評論說：“此外，我們新的 A1566 礦機的推出以及減半後對我們 A14 系列的持續需求凸顯了我們在產品創新和市場響應能力方面的持續能力。”
Outlook: For the second quarter of 2024, the company maintained total revenues of $70 million versus $70.2 million analyst consensus. For the third quarter of 2024, the company expects total revenues of $70 million versus $91.4 million analyst consensus.
展望：2024年第二季度，該公司的總收入保持在7,000萬美元，而分析師的共識爲7,020萬美元。該公司預計2024年第三季度的總收入爲7,000萬美元，而分析師的共識爲9140萬美元。
Canaan stock plunged 55% in the last 12 months. Investors can gain exposure to the stock via Vanguard Total International Stock ETF (NASDAQ:VXUS) and IShares Core MSCI Emerging Markets ETF (NYSE:IEMG).
在過去的12個月中，迦南股價暴跌了55％。投資者可以通過Vanguard Total International股票ETF（納斯達克股票代碼：VXUS）和iShares Core MSCI新興市場ETF（紐約證券交易所代碼：IEMG）獲得股票敞口。
Price Action: CAN shares traded higher by 1.10% at $1.18 at the last check Friday.
價格走勢：週五最後一次支票時，加元股價上漲1.10％，至1.18美元。
Image via Shutterstock
圖片來自 Shutterstock
譯文內容由第三人軟體翻譯。