Snail Inc (NASDAQ:SNAL) shares are surging Thursday afternoon as traders react to a strong quarterly update. Here’s what investors need to know.

Snail stock is among today’s top performers. What’s driving SNAL stock higher?

Snail Reports 35.7% Revenue Growth On Strong Q1 Results

The move follows first-quarter results for the period ended Mar. 31, when net revenue rose 35.7% to $27.3 million and EPS came in at 6 cents, with both metrics beating expectations. Management also pointed to ARK: Survival Ascended selling 1.4 million units and said about $11 million of deferred revenue is expected to be recognized when Genesis Part 1 releases.

Snail's $27.3 million revenue print also cleared Street expectations by 51.64%, while EPS beat by 128.57%, reinforcing that the move is being driven by fundamentals rather than a pure technical pop.

Critical Technical Levels For Snail (SNAL) ...