May. 15 at 1:06 PM
Noble Capital Markets Research Report: Snail (
$SNAL) – Off To A Good Start
Solid Q1 results. The company reported Q1 revenue of
$20.1 million and an adj. EBITDA loss of
$3.3 million, both of which were better than estimates of
$18.0 million and a loss of
$4.5 million, respectively. Notably, revenue increased 42.5% over the prior year period and was driven by ARK Ultimate Mobile Edition, released in December 2024, and less deferred revenue associated with ARK: Survival Ascended sales.
Read more: https://www.channelchek.com/news-channel/snail-snal-off-to-a-good-start
