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Frontier Development sees profit falling; launches new Jurassic World game

By BFN News | 01:58 PM | Tuesday 12 June, 2018


Video game developer Frontier Development said it expected to post a large fall in annual profit, while launching new game Jurassic World Evolution on Tuesday as planned. Revenue was expected to be £34m and operating profit around £2m, the company said, without providing comparative figures. For the previous year, the company posted revenue of £37.4m and an operating profit of £7.8m. Frontier said the new guidance, while implying lower profit and revenue, was ahead of market expectations. At 1:58pm: (LON:FDEV) Frontier Developments Plc share price was -2.5p at 1612.5p Story provided by StockMarketWire.com

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