Canaan Expects Q3 Total Revenues To Be Approximately $73M
Portfolio Pulse from Benzinga Newsdesk
Canaan Inc. expects its Q3 total revenues to be approximately $73 million, reflecting the company's current and preliminary views on market and operational conditions.
August 15, 2024 | 9:39 am
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Canaan Inc. has forecasted its Q3 total revenues to be approximately $73 million. This projection reflects the company's current and preliminary views on market and operational conditions.
The revenue forecast of $73 million for Q3 indicates a positive outlook for Canaan Inc., which could lead to a short-term increase in stock price as investors react to the company's expectations.
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