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.
_____
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





