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Snail, Inc. - SNAL STOCK NEWS

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.

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Snail, Inc. (SNAL) announces the launch of West Hunt on Nintendo Switch and the introduction of ASA Premium Mods for ARK Survival Ascended. These initiatives showcase the company's commitment to enhancing its game titles and expanding its reach.
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Snail, Inc. CEO Jim Tsai participated in a fireside chat at the IPO Summit at the New York Stock Exchange. The webcast of the event is available on the IPO Edge and Snail, Inc. investor relations websites.
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Snail, Inc. (SNAL) announced game-changing updates to ARK: Survival Ascended's dev kit, introducing the 'Custom Cosmetic' system, empowering players to apply user-generated costumes and create skins for armor, weapons, and structures. The update also brings new functionalities like network messaging and limited persistent replicated data storage. Phase 1 will be activated in early February 2024, with automatic downloads set for Q2 2024. Snail Games also revealed a sneak peek into 'Super ARK Bros,' a two-player side-scroller example mod, and announced the 'Love Evolved' Valentine's Day event as a permanent fixture within the game.
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Snail, Inc. (Nasdaq: SNAL) announces groundbreaking updates and expansions for ARK Survival Ascended, including a thriving Mod Program with over 1200 active projects and 79 million downloads. The release of The Center, a highly anticipated free DLC, and the launch of The Survival of the Fittest game mode demonstrate Snail's commitment to providing a dynamic and ever-evolving gaming environment for ARK enthusiasts.
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Snail, Inc. (Nasdaq: SNAL) introduced the ARKade Ambassador Program, an influencer community initiative, alongside the launch of ARK Survival Ascended on Steam. The program has generated an impressive viewership of 186,509,155+ minutes of ARKade content, supported by notable sponsors such as MadCatz, Streamlabs, and Glytch. The success of ARKade is a testament to the engaging and immersive nature of ARK Survival Ascended, with plans to foster new connections and expand collaborations with creators and brands in the future.
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Snail, Inc. (Nasdaq: SNAL) announces the transformation of ARK: Survival Ascended into a Winter Wonderland with new creatures, event items, skins, emotes, and cross-platform play, promising an immersive and interactive experience for players.
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Snail, Inc. (Nasdaq: SNAL) presented a new trailer for its upcoming title, Bellwright, at The Game Awards. With over 300,000 wishlists on Steam, Bellwright emerges as one of Snail's most anticipated titles. The game introduces a medieval setting with a rich lore, showcasing intricate crafting, dynamic action, and exploration elements. Bellwright is set to debut in Steam Early Access in early 2024, allowing players to shape its development through valuable feedback.
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Snail, Inc. (Nasdaq: SNAL) has sold more than 1 million gross units of ARK: Survival Ascended across PC and Xbox platforms in the first month since the game's launch. The game, developed in collaboration with Studio Wildcard, has introduced a new group of console players to an expansive world of adventure and has seen a highly-anticipated launch on PlayStation 5. The release includes the addition of 250+ mods to enhance the gameplay experience. The company has also announced the ARKathon Modding Contest in collaboration with Overwolf’s CurseForge, with $350,000 in gaming rewards available for modders and studios to contribute to the ARK universe. The game features Unreal Engine 5, revamped building systems, an ascended physics system, extensive quality of life and gameplay improvements, cross-platform modding, multiplayer options, and a photo mode to share epic screenshots with friends.
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Snail, Inc. (SNAL) will present at NobleCon19 - Noble Capital Markets’ Nineteenth Annual Emerging Growth Equity Conference at Florida Atlantic University. CEO Jim Tsai and CFO Heidy Chow will be presenting on December 4th at 3:30 PM EST, with a high-definition video webcast available the following day on the company's website. There will also be a breakout session to meet the management team.
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Snail, Inc. (Nasdaq: SNAL) has achieved a significant milestone with the successful launch of ARK: Survival Ascended on Steam, selling over 600,000 units in the first two weeks. The game's popularity on social media platforms like YouTube and Twitch has been immense, and the company looks forward to expanding its reach with upcoming releases on Xbox and PlayStation platforms.
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FAQ

What is the current stock price of Snail (SNAL)?

The current stock price of Snail (SNAL) is $1.5 as of December 20, 2024.

What is the market cap of Snail (SNAL)?

The market cap of Snail (SNAL) is approximately 54.3M.

What does Snail, Inc. do?

Snail, Inc. is a global developer and publisher of interactive digital entertainment, offering games for consoles, PCs, and mobile devices.

Where is Snail, Inc. headquartered?

Snail, Inc. is headquartered in Culver City, California.

What are some recent updates from Snail, Inc.?

Recent updates include new content for ARK: Survival Ascended, the Early Access launch of Bellwright, and Q1 financial results for 2024.

What is Bellwright?

Bellwright is a city builder, RPG, and survival strategy game launched by Snail, Inc. in Early Access on Steam.

How did Snail, Inc. perform financially in Q1 2024?

Snail, Inc. reported net revenues of $14.1 million and a reduced net loss of $1.8 million compared to the previous year.

What are premium UE5 mods for consoles?

Premium UE5 mods for consoles are high-quality mods created using Unreal Engine 5, allowing modders to monetize their work on ARK: Survival Ascended.

What is 'The Center' expansion in ARK: Survival Ascended?

'The Center' is a map expansion for ARK: Survival Ascended that features diverse biomes, new challenges, and new creatures like the Shastasaurus and Pyromane.

How is Snail, Inc. enhancing player engagement?

Snail, Inc. enhances player engagement through updates like new content for ARK: Survival Ascended, launching new games like Bellwright, and introducing premium mods for consoles.

What platforms are Snail, Inc.'s games available on?

Snail, Inc.'s games are available on consoles, PCs, and mobile devices.

How can investors get more information about Snail, Inc.?

Investors can get more information about Snail, Inc. by visiting their investor relations website or contacting them at investors@snail.com.

Snail, Inc.

Nasdaq:SNAL

SNAL Rankings

SNAL Stock Data

54.32M
7.83M
4.71%
1.5%
0.3%
Electronic Gaming & Multimedia
Services-prepackaged Software
Link
United States of America
CULVER CITY