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Mining-Rig Maker Canaan Q1 Revenue More Than Triples

Canaan shares climbed after first-quarter earnings beat one analyst's estimates.

By Oliver Knight, Eliza Gkritsi
Updated May 11, 2023, 4:21 p.m. Published May 19, 2022, 11:33 a.m.
Canaan published its first-quarter earnings report. (Sandali Handagama/CoinDesk)
Canaan published its first-quarter earnings report. (Sandali Handagama/CoinDesk)