Welcome to our dedicated page for Snail news (Ticker: SNAL), a resource for investors and traders seeking the latest updates and insights on Snail stock.
Snail, Inc. (Nasdaq: SNAL) is a leading global independent developer and publisher of interactive digital entertainment, offering a premier portfolio of premium games for consoles, PCs, and mobile devices. Headquartered in Culver City, California, Snail has a significant presence in both the United States and international markets, with the majority of its revenue originating from the U.S.
Recently, Snail announced a slew of updates and new developments, showcasing its commitment to delivering rich and engaging gaming experiences. On April 3, 2024, the company released major new content for ARK: Survival Ascended, including the Scorched Earth Expansion Map and Bob's Tall Tales DLC. These updates aim to enhance the game’s universe and engage a broader audience. Starting April 1, 2024, ARK: Survival Ascended also became available on Microsoft's Game Pass, extending its reach to a wider player base.
In addition to ARK, Snail’s highly anticipated title Bellwright launched into Early Access on Steam on April 23, 2024. This city builder, RPG, and survival strategy game promises an immersive experience, allowing players to lead a revolution in a dynamic world filled with intricate storytelling.
The company reported its first quarter financial results for the period ending March 31, 2024, on May 15, 2024. Net revenues increased to $14.1 million, and the net loss was reduced to $1.8 million compared to the previous year. This improvement was driven by increased ARK sales and better cost management.
Further bolstering its offering, on May 23, 2024, Snail became the first to introduce premium UE5-generated mods for consoles with ARK: Survival Ascended. This update supports professional modders, offering a new revenue-sharing model, and enhances the gaming experience for players.
On June 5, 2024, Snail announced a significant update for ARK: Survival Ascended, introducing “The Center” map, which doubles the size of a standard ARK island, featuring diverse biomes and new challenges. This expansion includes the Shastasaurus and the Pyromane, priced at $4.99, enriching the gameplay with new creatures and adventures.
Snail, Inc. continues to innovate, providing interactive entertainment to a global audience, with a strong pipeline of projects, partnerships, and a commitment to delivering value to its shareholders and stakeholders.
Snail Games (Nasdaq: SNAL) has announced the upcoming release of ARK: Ultimate Survivor Edition for iOS and Android mobile platforms. This adaptation brings the full-scale PC game experience to mobile devices, potentially tapping into a massive market and broadening the game's global reach. Developed in partnership with Grove Street Games, the mobile edition will initially launch with the ARK Island and Scorched Earth expansion maps, aiming to include all maps by the end of 2025.
The game features stunning graphics, over 150 dinosaurs and primeval creatures to tame, multiplayer tribe dynamics, and extensive crafting systems. This launch represents a significant growth opportunity for Snail Game's ARK franchise, making it more accessible to players worldwide who may not have high-end PCs but own mobile devices capable of supporting the game.
Snail (Nasdaq: SNAL), a global leader in interactive digital entertainment, has announced its participation in the Steam Summer Sale running until July 11, 2024. This initiative aims to boost sales and expand its global presence in the gaming community. As part of the sale, Snail's new game, Bellwright, is available at a 10% discount and includes a major update with various enhancements. Significant discounts are also offered on Snail's flagship ARK franchise, including ARK Survival Ascended (20% off), PixARK (75% off), and ARK Park (80% off). PixARK has a new update introducing the Ice Demon Scorpion. Wandering Wizard, Snail's indie publishing branch, is also offering discounts on games like West Hunt and Zombie Within, each with new updates. The sale aims to attract new players and boost revenue.
Snail Games (Nasdaq: SNAL), a global developer and publisher, announced that ARK: Survival Ascended's ARK x POWER RANGERS Premium Mod achieved over half a million downloads in its first week. The game's partnership with CurseForge extends modders' reach and enhances player experience across platforms. The revenue-sharing model offers mod creators a 50% share, fostering innovation. With over 190 million mod downloads, ARK: Survival Ascended empowers modders using Unreal Engine 5 to create high-quality mods. This model maximizes the game's replayability and transforms its base gameplay.
Snail Games (Nasdaq: SNAL) is set to announce the official title for their new space-themed survival game, currently referred to as 'Project Hermes,' by the end of summer 2024. Known for the ARK franchise and 'Bellwright,' Snail Games aims to redefine the open-world genre, transforming it into an 'open universe' experience. This game focuses on space exploration, allowing players to discover diverse planets, uncover secrets of alien civilizations, and harness resources. Snail Games invites gamers to join the 'Project Hermes' Discord server for updates and exclusive access opportunities. This new title is expected to enhance Snail Games' strong position in the survival genre, contributing to its sustainable growth.
Snail, a prominent developer and publisher of digital entertainment, has announced a new collaboration with CurseForge and Hasbro, integrating the POWER RANGERS franchise into ARK: Survival Ascended. This mod, featuring unique abilities and gear, enhances player experience and exemplifies ARK's versatile modding system. The modding program, powered by Unreal Engine 5, allows creators to monetize content across multiple platforms, contributing to the game's revenue growth and long-term potential. This initiative supports the independent game development community and adds fresh, engaging content to the ARK franchise, which has seen over 100 million mods downloaded.
Snail Games has announced a major free update for ARK: Survival Ascended, called 'The Center.' This expansion introduces a new map double the size of a standard ARK island, featuring diverse biomes, new challenges, and endgame boss encounters. 'The Center,' previously a popular modded map in ARK: Survival Evolved, now utilizes Unreal Engine 5 for enhanced visuals and gameplay. Along with the map, new creatures, including Shastasaurus and Pyromane, are introduced. The Pyromane, priced at $4.99, is part of a new class of premium creatures. This update aims to enrich player experience and boost engagement.
Snail Games (Nasdaq:SNAL) has launched an official e-commerce store for its game 'West Hunt' on the Nintendo Switch platform. This expansion allows players to purchase exclusive items such as unique character skins and pets, enhancing their gameplay experience. The update also introduces new influencer skins featuring popular streamers like Grizzy, BigPuffer, and Blarg. Snail Games aims to boost player engagement and revenue through these digital enhancements. COO Peter Kang highlights the launch as a key strategy to deliver more value to players and broaden revenue streams.
Snail (Nasdaq: SNAL) has announced the launch of premium mods for ARK: Survival Ascended on consoles, marking it as the first game to offer Unreal Engine 5 generated mods on this platform.
This strategic move aims to enhance monetization opportunities for professional modders while enriching the gaming experience for players. Modders will now have access to professional tools and a 50% revenue-sharing model, fostering innovation in the ARK Universe.
This update follows the successful Steam Early Access release of Bellwright, further demonstrating Snail's commitment to growth and player engagement.
Snail (Nasdaq: SNAL) has announced the successful Early Access launch of Bellwright, a town-building survival RPG, on Steam. Within a short period, the game has sold over 200,000 units and amassed 822,628 wishlists, indicating substantial potential for growth. The game boasts higher player retention rates and persistent concurrent user numbers, with many players spending over 20 hours in-game. Snail's COO, Peter Kang, expressed optimism about the positive community response and looks forward to the full release of Bellwright.
Snail (NASDAQ: SNAL), a global developer and publisher of digital entertainment, announced its Q1 2024 financial results. The company reported net revenues of $14.1M, a 4.4% increase from $13.5M in Q1 2023, driven by ARK franchise sales. Net loss reduced to $1.8M from $3.0M last year. Bookings surged to $19.6M from $13.3M. Key highlights include the launch of ARK: Survival Ascended with 2M units sold and 121,000 daily active users. ARK: Survival Evolved sold 0.6M units with 133,000 DAUs. Despite increased revenues, higher R&D expenses and cost of revenues impacted profitability. Unrestricted cash stands at $16.1M as of March 31, 2024.
FAQ
What is the current stock price of Snail (SNAL)?
What is the market cap of Snail (SNAL)?
What does Snail, Inc. do?
Where is Snail, Inc. headquartered?
What are some recent updates from Snail, Inc.?
What is Bellwright?
How did Snail, Inc. perform financially in Q1 2024?
What are premium UE5 mods for consoles?
What is 'The Center' expansion in ARK: Survival Ascended?
How is Snail, Inc. enhancing player engagement?
What platforms are Snail, Inc.'s games available on?
How can investors get more information about Snail, Inc.?
