Canaan (CAN) Income from Discontinued Operations (2021 - 2024)

Canaan (CAN) posted quarterly Income from Discontinued Operations of 6710000.0 for Q3 2024, down 67.18% year-over-year from 20443000.0 in Q4 2023, and up 251.31% quarter-over-quarter from 1910000.0 in Q2 2024.

Canaan (CAN) Income from Discontinued Operations (2021 - 2024) Analysis & Trends

Canaan (CAN) has reported Income from Discontinued Operations for 4 consecutive years, with 6710000.0 the latest figure, recorded in Q3 2024.

  • In Q3 2024, Income from Discontinued Operations fell 67.18% year-over-year to 6710000.0; the TTM figure through Sep 2024 stood at 52163000.0 (down 2.22% YoY), while the FY2023 annual figure was 23100000.0, down 7.34% from the prior year.
  • Income from Discontinued Operations rose to 6710000.0 in Q3 2024 per CAN's latest filing, from 1910000.0 in the prior quarter.
  • Across five years, Income from Discontinued Operations topped out at 26380000.0 in Q4 2022 and bottomed at 25427736.19 in Q2 2022.
  • Historically, Income from Discontinued Operations has averaged 5185501.7 across 4 years, with a median of 3683000.0 in 2023.
  • Annual changes were most pronounced in 2022 — Income from Discontinued Operations surged 172663.66% — and 2024, when it plunged 67.18%.
  • Canaan's Income from Discontinued Operations stood at 7782628.44 in 2021, then soared by 438.96% to 26380000.0 in 2022, then declined by 12.43% to 23100000.0 in 2023, then plunged by 70.95% to 6710000.0 in 2024.
  • Business Quant data shows CAN's Income from Discontinued Operations at 6710000.0 in Q3 2024, 1910000.0 in Q2 2024, and 23100000.0 in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Income (Discontinued) (Qtr)
1 Dell Technologies 279.74 Bn 268.16 Bn 7.78 Bn -
2 Arista Networks 233.03 Bn 220.67 Bn 1.68 Bn -
3 Sandisk 191.00 Bn 187.26 Bn 4.66 Bn -
4 Seagate Technology Holdings 182.93 Bn 181.79 Bn 1.45 Bn -
5 Western Digital 180.27 Bn 177.03 Bn 1.68 Bn -
6 Everpure 26.48 Bn 24.98 Bn 723.33 Mn -
7 Hp 25.04 Bn 21.33 Bn 3.02 Bn -
8 Super Micro Computer 17.15 Bn 15.86 Bn 1.02 Bn -
9 Logitech International 15.08 Bn 13.33 Bn 607.94 Mn -
10 Canaan 1.81 Bn 1.81 Bn -22.91 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2024 6.71 Mn
Jun 30, 2024 1.91 Mn
Dec 31, 2023 23.10 Mn
Sep 30, 2023 20.44 Mn
Jun 30, 2023 5.46 Mn
Dec 31, 2022 26.38 Mn
Sep 30, 2022 1.07 Mn
Jun 30, 2022 -25.43 Mn
Dec 31, 2021 -7.78 Mn
Sep 30, 2021 -618.32