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The latest update is out from Frontier Developments ( (GB:FDEV) ).
Frontier Developments plc reported a strong financial turnaround for the first half of FY25, with a return to profitability and improved cash position. The company’s revenue was in line with expectations, driven by the successful launch of Planet Coaster 2, which quickly topped charts and contributed significantly to revenue. Frontier’s strategic focus on creative management simulation games and its existing portfolio of popular titles like Planet Zoo and Jurassic World Evolution 2 continued to perform well. The company anticipates further growth with upcoming releases, including a new Jurassic World game, and remains confident in meeting its FY25 revenue and profitability targets.
More about Frontier Developments
Frontier Developments plc is a leading independent developer and publisher of video games based in Cambridge, UK. Founded in 1994, the company uses its proprietary COBRA game development technology to create innovative, genre-leading games primarily for personal computers and video game consoles.
YTD Price Performance: -10.34%
Average Trading Volume: 96,633
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £71.41M
Learn more about FDEV stock on TipRanks’ Stock Analysis page.
