Frontier Developments climbs after successful launch

By
0 mins. to read
Frontier Developments climbs after successful launch

Shares in AIM-listed software developer Frontier Developments (LON:FDEV) climbed by 5.13% to 1,435p (as at 12:00 BST) today after the company reported that the launch of its latest game had been strong. Management said that they now believed that revenues for the year would be towards the upper end of previous guidance of £58-88 million. 

Get the latest from Master Investor directly in your inbox – Sign-up HERE for FREE

Chief Executive David Braben said the company was: “pleased with the positive reaction we have seen to the launch of Jurassic World Evolution and its initial sales performance… We already have future franchises in different phases of internal development and we will continue to explore other models to accelerate our scale-up“. 

 

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

YOUR FREE INVESTMENT MAG

Get real investment insights from some of the best minds in the business - with our free Master Investor Magazine.