SINGAPORE (AP) — SINGAPORE (AP) — Canaan Inc. (CAN) on Tuesday reported a loss of $88.7 million in its first quarter.
On a per-share basis, the Singapore-based company said it had a loss of 13 cents.
The cryptocurrency-mining computer maker posted revenue of $62.7 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $62.9 million.
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