Canaan (LON:CAN) Announces Earnings Results

Canaan (LON:CAN) posted its quarterly earnings data on Friday. The company reported GBX 11.20 EPS for the quarter, Digital Look Earnings reports.

Canaan Trading Down 0.0%

LON CAN opened at GBX 304 on Friday. Canaan has a 12 month low of GBX 149.95 and a 12 month high of GBX 327.40. The stock has a market cap of £2.98 billion and a price-to-earnings ratio of -20.27. The company’s 50 day moving average is GBX 281.04 and its two-hundred day moving average is GBX 254.19.

Canaan Company Profile

Starting its life as a French subscription-TV channel 40 years ago, CANAL+ today is a global media and entertainment company with a brand recognised worldwide amongst the Top 50 Most Valuable French Brands, globally (source: Kantar Brandz, 2023). It generates revenues in 195 countries and operates directly in 52 countries across Europe, Africa, Asia, and the United States, with a total of approximately 9,000 employees worldwide. With a balance of exposure to mature and high-growth markets, CANAL+ is one of the largest media companies in Europe in terms of both revenues and subscribers, and the undisputed leader in French-speaking Sub-Saharan Africa.