Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFrontier Dev Share News (FDEV)

Share Price Information for Frontier Dev (FDEV)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 263.00
Bid: 262.00
Ask: 266.00
Change: 3.00 (1.15%)
Spread: 4.00 (1.527%)
Open: 266.50
High: 266.50
Low: 262.00
Prev. Close: 260.00
FDEV Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Frontier Developments To Release 'The Engineers' Beta Next Week

Wed, 27th Apr 2016 10:39

LONDON (Alliance News) - Video game studio Frontier Development PLC Wednesday said it now expects to release a beta of its 'The Engineers' expansion for its 'Elite:Dangerous Horizons' franchise next week, having delayed the release earlier in the year.

Back in March, Frontier Developments said this expansion would be released after the end of its current financial year to end-May, delayed from the original time frame of April. This led it to warn its second half revenues would be "substantially below" previous expectations.

On Wednesday, the company said the beta version of this expansion will now be released next week, and a final release date for the complete expansion will be determined once it has received feedback from the beta testing. A beta release is part of the testing stage of a video game release, with users allowed test a video game for bugs and software glitches ahead of the full release.

Frontier Developments said that total sales of Elite:Dangerous franchise products now exceeds 1.5 million.

Elsewhere, it said it has been encouraged by reception to its first 'Alpha' build of its second franchise Planet Coaster, It will release its second Alpha build of this product later this month. An Alpha build means a version of the game that is playable and contains all of its major features, although these features may be further revised based on testing and feedback.

The company said its balance sheet remains strong, and it had cash of GBP8.9 million as at the end of March.

"Frontier has built its reputation based on the quality of its games and players rightly have high expectations of us. We announced a delay to the release of 'The Engineers' in our 2 March 2016 trading update, and the game has benefited significantly from the additional development time, and progress is encouraging," said Chief Executive David Braben in a statement.

"Planet Coaster is progressing to schedule, and we have been highly encouraged by the feedback to date. The full release in the final quarter of 2016 will complete our transition to fully self-publishing our own output," Braben added.

Shares in Frontier Development were untraded Wednesday morning. They last closed at 215.26 pence.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2016 Alliance News Limited. All Rights Reserved.

More News
28 Nov 2023 09:33

Berenberg cuts target price on Frontier Developments

(Sharecast News) - Analysts at Berenberg lowered their target price on video games developer Frontier Developments from 210.0p to 170.0p on Tuesday on the back of news that sales of its Realms of Ruin title had been "underwhelming and materially lower" than many of its other franchises.

Read more
28 Nov 2023 09:27

LONDON BROKER RATINGS: Goldman starts M&G at 'buy'; Citi hikes B&M

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Read more
27 Nov 2023 11:58

LONDON MARKET MIDDAY: Downbeat China headlines hurt FTSE 100

(Alliance News) - London's FTSE 100 made an uncertain start to the week, with share price falls for miners, oil majors and China-exposed stocks sending the large-cap benchmark into the red heading into Monday afternoon.

Read more
27 Nov 2023 10:30

Frontier Developments chair departs as sales of new release disappoint

(Alliance News) - Frontier Developments PLC on Monday said that sales of a real-time strategy game that it launched 10 days ago were lower than expected.

Read more
27 Nov 2023 10:08

AIM WINNERS & LOSERS: Frontier Developments slumps; Epwin eyes buyback

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

Read more
27 Nov 2023 09:22

Frontier Developments shares tank after sales guidance cut

(Sharecast News) - Shares in Frontier Developments plunged nearly 20% on Monday after the videogames developer and publisher said weaker-than-expected sales from its latest Warhammer release means full-year guidance won't be achieved.

Read more
22 Nov 2023 09:48

LONDON BROKER RATINGS: RBC cuts HSBC; Liberum cuts Glencore

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
25 Oct 2023 16:01

UK shareholder meetings calendar - next 7 days

Thursday 26 October 
Alumasc Group PLCAGM
Brooks Macdonald Group PLCAGM
Feedback PLCAGM
Filtronic PLCAGM
Global Invacom Group LtdEGM re cancellation of admission to trading on AIM
Hipgnosis Songs Fund LtdAGM
Hipgnosis Songs Fund LtdEGM re sale of portfolio
IMC ExplorationEGM re takeover of Karaberd
Made Tech Group PLCAGM
Mattioli Woods PLCAGM
Mid Wynd International Investment Trust PLCAGM
Novacyt SAAGM
South32 LtdAGM
Tirupati Graphite PLCAGM
TMT Acquisition PLCAGM
Friday 27 October 
Anglesey Mining PLCAGM
Bens Creek Group PLCAGM
Dialight PLCGM re admission of shares
KCR Residential REIT PLCAGM
Monday 30 October 
Angus Energy PLCGM re Kemexon Conversion Shares
Tuesday 31 October 
Bowen Fintech PLCAGM
City of London Investment Trust PLCAGM
Crimson Tide PLCGM re share consolidation
Indus Gas LtdAGM
New Energy One Acquisition Corp PLCAGM
Newmark Security PLCAGM
Tlou Energy LtdAGM
Walls & Futures REIT PLCAGM
Wednesday 1 November 
BHP Group LtdAGM
Ferro-Alloy Resources LtdAGM
Frontier Developments PLCAGM
JP Morgan Mid Cap Investment Trust PLCAGM
Stranger Holdings PLCGM re reverse takeover of Mayflower Energy
Tavistock Investments PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
17 Oct 2023 17:26

Frontier Developments shares jump as review aims to cut costs

(Alliance News) - Frontier Developments PLC shares rose on Tuesday after it backed its outlook and said it will cut jobs to reduce operating costs.

Read more
14 Sep 2023 09:22

LONDON BROKER RATINGS: JPMorgan ups Rio Tinto; Redburn likes Carnival

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Read more
13 Sep 2023 14:41

EARNINGS: Frontier Developments turns to loss; Poolbeg optimistic

(Alliance News) - The following is a round-up of earnings of London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
26 Jul 2023 09:20

LONDON BROKER RATINGS: HSBC cuts Glencore; Berenberg likes Tyman

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
14 Jun 2023 10:28

Frontier Developments guides revenue fall; to focus on internal titles

(Alliance News) - Frontier Developments PLC on Wednesday said it expects revenue in the financial year that ended May 31 to be lower than the year prior, as it said it will shift away from third-party publishing towards internal titles.

Read more
31 Jan 2023 09:26

LONDON BROKER RATINGS: Barclays cuts Relx; Jefferies raises Team17

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
19 Jan 2023 15:51

Frontier Developments cheers strong first half

(Sharecast News) - Video games developer and publisher Frontier Developments reported a 16% improvement in revenue in its first half on Thursday, to £57.1m.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.