Aug. 20 at 2:53 PM
Noble Capital Markets Research Report: Snail (
$SNAL) – Building The Foundation For StableCoin
Disappointing Q2. Total company revenues of
$22.2 million increased nearly 3% over the prior year earlier period, but was lighter than our
$26.0 million estimate. The variance was largely attributable to quality issues of its Aquatica DLC and subsequent disappointing sales. Adj. EBITDA loss of
$2.2 million was higher than our slightly positive adj. EBITDA expectati
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