CULVER CITY, Calif., Dec. 4, 2024 /PRNewswire/ -- Snail, Inc. (Nasdaq: SNAL) ("Snail Games" or the "Company"), a leading global independent developer and publisher of interactive digital entertainment, is excited to announce the acquisition of publishing rights for Zombie Rollerz: The Last Ship, through its indie publishing branch Wandering Wizard.In Zombie Rollerz: The Last Ship players command a customizable ship, manage a skilled crew, and defend against escalating waves of zombies while exploring and up ...

CULVER CITY, Calif., Nov. 27, 2024 /PRNewswire/ -- Snail, Inc. (Nasdaq: SNAL) ("Snail Games" or the "Company"), a leading global independent developer and publisher of interactive digital entertainment, is excited to announce its participation in the Steam Autumn Sale, offering significant discounts across its portfolio. This event aligns with Snail Games' dual strategy of attracting new players through seasonal discounts and reinforcing player loyalty through content updates and expansions.Snail Games on S ...

Financial Data and Key Metrics Changes - For Q3 2024, Snail Inc. reported net revenue of $22.5 million, a significant increase from $9.0 million in Q3 2023, driven by the release of new DLCs and increased sales [9][17] - Net income for Q3 2024 rose to $0.2 million compared to a net loss of $4.4 million in Q3 2023, reflecting the increase in net revenue [10][17] - Bookings for Q3 2024 were $16.1 million, up from $10.5 million in Q3 2023, marking a 53.6% increase [18] - EBITDA for Q3 2024 was $0.5 million, a turnaround from a loss of $5.1 million in the prior year, indicating a 109.7% increase [20] Business Line Data and Key Metrics Changes - The ARK franchise saw a revenue increase of $8.2 million from the release of ARK: Aberration and part 2 of Bobs Tall Tales, contributing significantly to overall revenue growth [9][17] - Total ARK sales increased by $5.9 million, while Bellwright sales rose by $1.0 million, showcasing strong performance across key titles [9][17] Market Data and Key Metrics Changes - The ARK franchise has been played for 3.8 billion hours, with an average playtime of 162 hours per user, indicating strong engagement [8] - The top 21.2% of players have spent over 100 hours in the game, reflecting a dedicated player base [8] Company Strategy and Development Direction - The company is focusing on strategic investments in advanced AI technologies to enhance creativity and productivity within its gaming portfolio [6] - Snail Inc. is committed to quality content delivery, with a new DLC release strategy of every three months for the ARK franchise, emphasizing quality over quantity [14] Management Comments on Operating Environment and Future Outlook - Management expressed excitement about the success of the ARK franchise and the positive reception of new content, indicating a strong outlook for continued player engagement [6][8] - The company is optimistic about the upcoming releases, including ARK: Ultimate Survivor Edition on mobile platforms, which aims to expand its audience [15] Other Important Information - The company has successfully launched Bellwright, which has sold over 380,000 units and received positive reviews, indicating a strong market presence [10][11] - Snail Inc. has expanded its indie publishing label, Wandering Wizard, with new titles set to release in Q1 2025, showcasing its commitment to diversifying its game offerings [12][13] Q&A Session Summary Question: How did the Steam summer sale affect the quarter and sales? - Management noted that the summer sale was successful, leading to increased unit sales and improved gross profit for the quarter [22] Question: Any updates on The Animated Series viewership and interest for another season? - Management stated that updates on viewership belong to their distribution partner, Paramount+, and they are not at liberty to disclose specific analytics [23]

Snail, Inc. (SNAL) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to loss of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -85.71%. A quarter ago, it was expected that this company would post earnings of $0.18 per share when it actually produced earnings of $0.06, delivering a surprise of -66.67%.Over the last four quarters, the company has no ...

CULVER CITY, Calif. , Nov. 13, 2024 /PRNewswire/ -- Snail, Inc. (NASDAQ: SNAL) ("Snail" or "the Company"), a leading, global independent developer and publisher of interactive digital entertainment, today announced financial results for its third quarter ended September 30, 2024.Tony Tian, Co-Chief Executive Officer of Snail, commented, "Since taking over as Co-CEO of Snail in April, we've continued to see a transformation in the business, guided by the extraordinary talent and vision of our dedicated team. ...

Wandering Wizard's Rapid Growth Reflects Commitment to the Indie MarketCULVER CITY, Calif., Oct. 25, 2024 /PRNewswire/ -- Snail, Inc. (Nasdaq: SNAL) ("Snail Games" or the "Company"), a leading global independent developer and publisher of interactive digital entertainment, is pleased to announce that its indie publishing branch, Wandering Wizard, will feature a lineup of horror titles during Steam Scream Fest, highlighting the recent growth of its indie portfolio. This event serves as a platform for Wanderi ...

Two New Drivers of Player Engagement Released: A Highly Anticipated Map and the Next Chapter of Bob's Adventures CULVER CITY, Calif., Sept. 5, 2024 /PRNewswire/ -- Snail, Inc. (Nasdaq: SNAL) ("Snail Games" or the "Company") celebrates the release of two major updates for ARK: Survival Ascended, further expanding its flagship survival game with content that both continues to captivate current ARK: Survival Ascended players and entices ARK: Survival Evolved players to transition into the enhanced experience i ...

Snail, Inc. (SNAL) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to loss of $0.11 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -66.67%. A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced a loss of $0.05, delivering a surprise of -225%. Over the last four quarters, the company has not b ...

CULVER CITY, Calif., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Snail, Inc. (NASDAQ: SNAL) ("Snail" or "the Company"), a leading, global independent developer and publisher of interactive digital entertainment, today announced financial results for its second quarter ended June 30, 2024. Tony Tian, Co-Chief Executive Officer commented, "I'm honored to lead Snail alongside an amazing team as we continue to build upon the company's incredible legacy of innovation and creativity. Our unwavering passion for delivering e ...

CULVER CITY, Calif., July 29, 2024 /PRNewswire/ -- Snail, Inc. (Nasdaq: SNAL) ("Snail"), a leading, global independent developer and publisher of interactive digital entertainment, announces that its indie branch, Wandering Wizard, has strategically acquired the publishing rights to two new horror games to beat the summer heat with thrilling chills. While the games are still in development, the latest gameplay footage and updates will be announced on discord! The Cecil is a first-person action game where pl ...