Canaan's earnings of $0.25 fell short of expectations, while profits exceeded forecasts.

According to Canaan's (NASDAQ: CAN) report, the earnings per share for the fourth quarter was -$0.330, which is $0.25 worse than analysts' expectations of -$0.080. The reported earnings for this quarter were set at $88.8M, while analyst expectations were at $80.02M.

Canaan's stock closed at $1.08, indicating a decline of -51.570% over the past three months and -23.940% over the last twelve months. In the last 90 days, Canaan has seen one negative earnings per share report and zero positive reports. Explore how Canaan's stock price has reacted to past earnings reports. According to InvestingPro, Canaan's financial health score is rated as "Weak performance." Review Canaan's latest earnings reports and all its financial information here. Stay updated on all developments regarding balance sheets by visiting the Investing.com Earnings Calendar.