Snail Full Year 2023 Earnings: Misses Expectations

Snail, Inc. +0.99%

Snail, Inc.




Snail (NASDAQ:SNAL) Full Year 2023 Results

Key Financial Results

  • Revenue: US$60.9m (down 18% from FY 2022).
  • Net loss: US$9.09m (down from US$947.8k profit in FY 2022).
  • US$0.25 loss per share (down from US$0.025 profit in FY 2022).
NasdaqCM:SNAL Earnings and Revenue Growth April 3rd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Snail Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 4.7%. Earnings per share (EPS) also missed analyst estimates.

The company's shares are up 4.0% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Snail (at least 1 which is potentially serious), and understanding these should be part of your investment process.

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