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Canaan: Q2 Earnings Snapshot

SINGAPORE (AP) — SINGAPORE (AP) — Canaan Inc. (CAN) on Tuesday reported a loss of $97.6 million in its second quarter.

The Singapore-based company said it had a loss of 13 cents per share. Losses, adjusted for asset impairment costs, were 12 cents per share.

The cryptocurrency-mining computer maker posted revenue of $31.9 million in the period.

For the current quarter ending in September, Canaan said it expects revenue in the range of $11 million to $15 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CAN at https://www.zacks.com/ap/CAN

United Natural: Fiscal Q4 Earnings Snapshot

PROVIDENCE, R.I. (AP) — PROVIDENCE, R.I. (AP) — United Natural Foods Inc. (UNFI) on Tuesday reported earnings of $35 million in its fiscal fourth quarter. On a per-share basis, the Providence, Rhode Island-based company said it had net income of 57 cents. Earnings, adjusted for one-time gains and costs, came to 69 cents per share. The organic and specialty foods distributor posted revenue of $7.64 billion in the period. For the year, the company reported profit of $84 million, or $1.34 per share. Revenue was reported as $31.15 billion.
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