Snail Inc

Snail, Inc. is an independent developer and publisher of interactive digital entertainment. The firm builds a portfolio of games designed for use on a variety of platforms, including consoles, PCs, and mobile devices. Its portfolio of games includes ARK:Survival Evolved, Last Oasis, PixARK, ATLAS, ARKII, Expedition Agartha, ARK Park, Outlaws of the Old West, Dark and Light, and ZCREW. The company was founded by Shi Hai on January 11, 2022 and is headquartered in Culver City, CA.

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Snail Inc. reports Q1 growth amidst losses, eyes AI innovation

Snail Inc.'s Q1 2024 performance showed growth in net revenue but with a net loss, signaling a mix of progress and financial challenges.
The company's strategic focus on AI integration, ARK franchise, and product innovation positions them well for future growth and market relevance.
While facing challenges such as financial losses and competition, Snail Inc. has opportunities to drive revenue through AI, expanding franchises, and new platform releases.

Snail Inc (SNAL) reports stellar Q2 earnings and expansion plans

Snail Inc (SNAL) delivered robust financial results in Q2 2024, driven by the success of its ARK franchise, Bellwright game launch, and operational improvements. The company's focus on new game signings and multiple projects in development signals a commitment to growth and innovation.
While facing challenges in a competitive market and operational complexities, Snail Inc's strong performance, diverse portfolio, and financial stability position it well to capitalize on opportunities for expansion and strategic advancements.
Overall, Snail Inc's Q2 2024 earnings call reflects a positive trajectory, with a solid foundation for future growth, innovation, and market leadership in the gaming industry.

Snail Inc reports stellar Q3 results, eyes growth opportunities

Snail Inc's Q3 2024 earnings call showcased robust financial performance, driven by the success of the ARK franchise and improved profitability metrics.
While challenges like promotional sales impact and content updates were discussed, the company's strengths in game development and financial management position it well for future growth.
By capitalizing on opportunities for market expansion and strategic investments, Snail Inc has the potential to sustain its momentum and enhance shareholder value in the competitive gaming landscape.

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CULVER CITY, Calif., May 09, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL), a leading, global independent developer and publisher of interactive digital entertainment, announced today that it will report financial results for the first quarter ended March 31, 2023 on Wednesday, May 10, 2023, after the U.S. stock market closes. Management will host a conference call and webcast on the same day at 5:00 p.m. ET to discuss the results.

Snail, Inc. to Report First Quarter 2023 Financial Results

CULVER CITY, Calif., April 26, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced that Jim Tsai, Chief Executive Officer, and Heidy Chow, Chief Financial Officer, will be participating in the Inaugural EF Hutton Global Conference on May 11, 2023, at the Plaza Hotel in New York City. Management will host one-on-one and group meetings.

Snail, Inc. to Participate in Inaugural EF Hutton Global Conference

CULVER CITY, Calif., April 13, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, is pleased to announce that that Noble Capital Markets has initiated company-sponsored equity research coverage on the Company. The full report by Noble Capital Markets Senior Research Analyst Michael Kupinski, as well as news and advanced market data on Snail, Inc. is available on Channelchek.

Noble Capital Markets Initiates Equity Research Coverage on Snail, Inc.

NOBLE Capital Markets analysts have initiated coverage on shares of game developer and publisher Snail, Inc (NASDAQ:SNAL) with an ‘Outperform' rating and a “conservative” target price of $9 per share, saying the company has a broad range of opportunities to grow revenue through additional games, expansion packs, and alternative ways to use its IP. The company's shares are currently trading at $1.35 on the Nasdaq.

Snail should grow faster than the gaming industry, says NOBLE Capital analysts

CULVER CITY, Calif., March 29, 2023 (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 the three months and year ended December 31, 2022.

Snail, Inc. Reports Fourth Quarter & Full Year 2022 Financial Results

Snail, Inc (NASDAQ:SNAL) told investors it is delaying the release of its fourth-quarter results and has engaged Shareholder Intelligence Services (ShareIntel) to investigate any potential trading violations involving its stock. Snail, a global independent developer and publisher of interactive digital entertainment, said it has changed the earnings release date for its 4Q and full-year 2022 financial results to Wednesday, March 29, 2023, after the US stock market closes.

Snail slows the pace for 4Q results release; engages ShareIntel to investigate potential illegal short selling of its stock

CULVER CITY, Calif., March 20, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced it has entered into a service agreement with Shareholder Intelligence Services, LLC ("ShareIntel"), a compliance-driven SAAS platform. ShareIntel's patented DRIL-Down™ process enables public companies to track shareholder ownership and monitor critical broker-dealer and shareholder movement. Management intends to further utilize ShareIntel's trusted advisory services to implement action plans to monitor and address any abusive activity, including the investigation of potential illegal naked short selling and other potential trading violations involving the Company's stock.

Snail, Inc. Engages Shareintel to Investigate Abusive and Illegal Naked Short Selling Activity

CULVER CITY, Calif., March 20, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL), a leading, global independent developer and publisher of interactive digital entertainment, today announced that is has changed its earnings release date for the fourth quarter and full year 2022 financial results to Wednesday, March 29, 2023, after the U.S. stock market closes. Management will host a conference call and webcast on the same day at 5:00 p.m. ET to discuss the results.

Snail, Inc. Announces Date Change for Fourth Quarter & Full Year 2022 Financial Results

CULVER CITY, Calif., March 16, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced the first major content update for ARK: Dinosaur Discovery.

Snail, Inc. Announces ARK: Dinosaur Discovery Major Content Updates

CULVER CITY, Calif., March 06, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced exciting new updates to the popular ARK franchise, including the regional launch of ARK: Ultimate Survivor Edition on Nintendo Switch and the console launch of ARK: The Survival of the Fittest (“ARK: TSOTF”).

Snail, Inc. Announces New Updates of ARK: Survival Evolved and ARK: The Survival of the Fittest

CULVER CITY, Calif., March 01, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL), a leading, global independent developer and publisher of interactive digital entertainment, announced today that it will report financial results for the quarter and year ended December 31, 2022 on Wednesday, March 22, 2023, after the U.S. stock market closes. Management will host a conference call and webcast on the same day at 5:00 p.m. ET to discuss the results.

Snail, Inc. to Report Fourth Quarter & Full Year 2022 Financial Results

CULVER CITY, Calif., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced a new addition to the Nintendo Switch version of ARK: Survival Evolved (ARK), an action-adventure survival video game developed by Studio Wildcard. Players can now explore the free and highly acclaimed expansion map Ragnarok on-the-go, bringing a new level of excitement and adventure to the game.

Snail, Inc. Announces Ragnarok Expansion Map on ARK: Survival Evolved for Nintendo Switch

CULVER CITY, Calif., Dec. 15, 2022 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced third quarter 2022 financial results for the quarter ended September 30, 2022. These third quarter results are prior to the exchange of stock and reflect the activities of Snail Games USA Inc. and its subsidiaries.

Snail, Inc. Reports Third Quarter 2022 Financial Results

CULVER CITY, Calif., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL), a leading, global independent developer and publisher of interactive digital entertainment, announced today that it will report financial results for the third quarter of its 2022 fiscal year on Thursday, December 15, 2022, after the U.S. stock market closes. Management will host a conference call and webcast on the same day at 5:00 p.m. ET to discuss the results.

Snail, Inc. to Report Third Quarter 2022 Financial Results

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Suffice it to say, many financial traders are discovering Snail (NASDAQ: SNAL ) stock for the first time today. The company is going from obscurity to fame, with SNAL stock jumping 50% or more this morning.

Why Is Snail (SNAL) Stock Up 50% Today?

CULVER CITY, Calif., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Snail, Inc. (NASDAQ: SNAL) (“Snail”) announced that its Board of Directors has today authorized a share repurchase program under which Snail may repurchase up to $5 million in outstanding shares of its Class A common stock, subject to ongoing compliance with Nasdaq listing rules.

Snail, Inc. Announces $5 Million Share Repurchase Program

CULVER CITY, Calif., Nov. 09, 2022 (GLOBE NEWSWIRE) -- Snail, Inc. (“Snail”) today announced the pricing of its initial public offering of 3,000,000 shares of its Class A common stock at a price to the public of $5.00 per share. All of the shares are being offered by Snail. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Snail, are expected to be $15.0 million. The shares are expected to begin trading on The Nasdaq Capital Market on November 10, 2022, under the symbol “SNAL.” The offering is expected to close on November 14, 2022, subject to the satisfaction of customary closing conditions. In addition, Snail has granted the underwriters a 45-day option to purchase up to an additional 450,000 shares of Snail's Class A common stock at the initial public offering price, less the underwriting discounts and commissions.

Snail, Inc. Announces Pricing of Its Initial Public Offering

Snail, Inc. has filed proposed terms for a $30 million U.S. IPO. The firm develops video games for consoles, PCs and mobile devices.

Video Game Publisher Snail Readies $30 Million U.S. IPO

Snail Inc., a digital entertainment company that offers gaming on a variety of platforms, set terms for its initial public offering on Monday with plans to offer 5 million shares priced at $5 to $7 each. The company would raise $35 million at the top of that range at a valuation of $350 million, based on the 50 million shares to be outstanding once the deal is completed.

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