CULVER CITY, Calif., May 16, 2024 PRNewswire -- Snail, Inc. (NASDAQ: SNAL) ('Snail' or 'the Company'), a leading, global independent developer and publisher of interactive digital entertainment, today announced financial results for its first quarter ended March 31, 2024.
CULVER CITY, Calif., May 16, 2024 PRNewswire -- Snail , Inc. , a leading, global independent developer and publisher of interactive digital entertainment, today announced financial results for its first quarter ended March 31, 2024.Tony Tian, Co-Chief Executive Officer commented, 'I'm absolutely thrilled and humbled to take the helm as Co-CEO of Snail .
are non-GAAP financial measures that are presented as supplemental disclosures and should not be construed as alternatives to net income or revenue as indicators of operating performance, nor as alternatives to cash flow provided by operating activities as measures of liquidity, both as determined in accordance with GAAP. Snail supplementally presents Bookings and
adjusts for items that Snail believes do not reflect the ongoing operating performance of its business, such as certain non-cash items, unusual or infrequent items or items that change from period to period without any material relevance to its operating performance. Management believes Bookings and
as net income before interest expense, interest income, income tax provision and depreciation and amortization expense. The following table provides a reconciliation from net loss to
Inc. Reports First Quarter 2024 Financial Results
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