Snail reports Q3 revenue $9.0M (down 42% YoY) and net loss $4.4M; ARK Ascended debut sold 600k+ units

Snail, Inc.

2023-Q3 EPS reported -$0.31 revenue$32,331,876

Revenue $9.0M, down 42% YoY from $15.6M; net loss widens to $4.4M from $1.5M.
ARK: Survival Ascended launched Oct 25; sold 336k units in first 24 hours and over 600k total as of Nov 14.
ARK: Survival Evolved DAUs fell to 231k from 340k YoY, but units sold increased to 1.2M from 1.1M.
Unrestricted cash $4.9M at Sep 30, down from $12.9M at Dec 31, 2022.
EBITDA loss $5.1M vs $1.5M loss in prior-year quarter.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Snail, Inc. reported the third quarter ended September 30, 2023 results: revenue $9.0 million, net income Net loss was $4.4 million.

Period: the third quarter ended September 30, 2023
Revenue: $9.0 million
Net income: Net loss was $4.4 million
Result: reported results

Exact text from the filing

Revenue was $9.0 million for the three months ended September 30, 2023

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

Snail, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-041360

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.