🔴 Snail is trading 31.81% down in after-hours trading after revenue fell below expectations

Snail is trading 31.81% down at $3.13 after releasing second-quarter 2026 results following the August 11, 2026 close.

• Revenue fell 11% year over year to $19.7 million, below expectations.
• Net loss was $3.0 million, improving from last year’s $16.6 million loss primarily due to a $14.0 million reduction in income-tax provisions.
• Softer ARK franchise sales pressured operating performance.