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Previously writing on videogames developer and publisher Frontier Developments (FDEV) just over a year ago I concluded, even as the share price fell towards 1300p, that noted performance and guidance supported continued caution. The shares last closed at 999p and today a “Trading Update and Notice of Results”. This commences including that the company “expects to report revenue for H1 FY23 of approximately £57 million (H1 FY22: £49.1 million)”. Good news then?

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NEWSFLOW

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Previously writing on videogames developer and publisher Frontier Developments (FDEV), in November with the shares down towards 1600p I concluded, although it argues its “future looks strong and our portfolio continues to grow”, with the valuation and clear new release performance uncertainty and admitted “wide guidance range is indicative of the variability of outcomes across our whole portfolio as we approach the important holiday season”, to continue to avoid. The shares last closed at 1772p, but today results and a trading update...

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Videogames developer and publisher Frontier Developments (FDEV) has made a trading update commencing that its well-established titles, including Jurassic World Evolution, Planet Zoo and Planet Coaster, continue to perform well. So why are the shares currently 35% lower on the back of it, towards 1600p?...

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Hello, Share Saddlers. If you’re interested in the still booming armchair games industry, have you looked at Frontier Developments (FDEV)? This Cambridge-based outfit develops and sells Xbox and PlayStation type games. This industry, as we all know yet find it hard to get our heads round, is bigger than movies these days. And, also surprisingly, the pastime shows no sign of abating.

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