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Stock impact report

Snail (SNAL) Q4 Earnings & Revenues Miss Estimates, Stock Down [Yahoo! Finance]

Snail, Inc. (SNAL) 
Company Research Source: Yahoo! Finance
However, the top and the bottom line increased on a year-over-year basis. Following the results, SNAL's shares dropped 8.6% in the after-hour trading session on Apr 1, 2024. Earnings & Revenue Discussion During fourth-quarter 2023, SNAL reported adjusted earnings per share (EPS) of 7 cents, missing the Zacks Consensus Estimate of 27 cents. The company reported an adjusted loss per share of 6 cents in the prior-year quarter. Quarterly revenues of $28.6 million lagged the consensus mark of $31.6 million. The top line rose 86.9% from $15.3 million reported in the year-ago quarter. The upside was backed by the release of ARK: Survival Ascended Snail, Inc. Price, Consensus and EPS Surprise Snail, Inc. price-consensus-eps-surprise-chart | Snail, Inc. Quote During the quarter, bookings totaled $52.6 million compared with $11.9 million reported in the prior-year quarter, driven by the strong release of ARK: Survival Ascended on Steam, PlayStation and Xbox platforms. Operating Show less Read more
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