Snail Full Year 2023 Earnings: Misses Expectations

In this article:

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).

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earnings-and-revenue-growth

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

You should learn about the 3 warning signs we've spotted with Snail (including 1 which can't be ignored).

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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