Welcome to our dedicated page for Snail news (Ticker: SNAL), a resource for investors and traders seeking the latest updates and insights on Snail stock.
Snail, Inc. (SNAL) delivers interactive digital entertainment through innovative game development and strategic publishing partnerships. This news hub provides investors and industry observers with verified updates about the company's financial performance, product launches, and market initiatives.
Access official press releases alongside curated analysis of SNAL's gaming portfolio expansions, earnings disclosures, and technology partnerships. Our aggregation includes announcements about new title releases, DLC updates, mod program developments, and corporate acquisitions within the competitive gaming sector.
Key updates cover financial filings, platform expansion strategies, and community engagement initiatives. Bookmark this page for streamlined tracking of SNAL's progress in multiplatform game development and digital entertainment innovation.
Snail (Nasdaq: SNAL) has announced the launch of premium mods for ARK: Survival Ascended on consoles, marking it as the first game to offer Unreal Engine 5 generated mods on this platform.
This strategic move aims to enhance monetization opportunities for professional modders while enriching the gaming experience for players. Modders will now have access to professional tools and a 50% revenue-sharing model, fostering innovation in the ARK Universe.
This update follows the successful Steam Early Access release of Bellwright, further demonstrating Snail's commitment to growth and player engagement.
Snail (Nasdaq: SNAL) has announced the successful Early Access launch of Bellwright, a town-building survival RPG, on Steam. Within a short period, the game has sold over 200,000 units and amassed 822,628 wishlists, indicating substantial potential for growth. The game boasts higher player retention rates and persistent concurrent user numbers, with many players spending over 20 hours in-game. Snail's COO, Peter Kang, expressed optimism about the positive community response and looks forward to the full release of Bellwright.
Snail (NASDAQ: SNAL), a global developer and publisher of digital entertainment, announced its Q1 2024 financial results. The company reported net revenues of $14.1M, a 4.4% increase from $13.5M in Q1 2023, driven by ARK franchise sales. Net loss reduced to $1.8M from $3.0M last year. Bookings surged to $19.6M from $13.3M. Key highlights include the launch of ARK: Survival Ascended with 2M units sold and 121,000 daily active users. ARK: Survival Evolved sold 0.6M units with 133,000 DAUs. Despite increased revenues, higher R&D expenses and cost of revenues impacted profitability. Unrestricted cash stands at $16.1M as of March 31, 2024.
Snail, Inc. (Nasdaq: SNAL), a global independent developer and publisher of interactive digital entertainment, will release its first-quarter 2024 financial results on May 15, 2024. The results cover the period ending March 31, 2024. A conference call and webcast, hosted by management, will be held at 4:30 p.m. ET on the same day to discuss these results. The webcast will be accessible live and for replay on Snail's investor relations website. This announcement provides stakeholders an opportunity to hear directly from the company's management regarding their latest performance metrics and future outlook.
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