Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Videogames publisher Frontier Developments cut its annual revenue guidance owing to the lower initial PC sales of its Jurassic World Evolution 2 video game and the under-performance of its Odyssey video game.
Revenue in the year to 31 May 2022 cut to a range of £100 million to £130 million, down from the previous forecast of £130 million to £150 million.
Sales of Jurassic World Evolution 2 over the initial period following its release 'have been lower than expected on the PC platform,' the company said.
'We believe this is potentially a short-term effect from a more crowded release window than expected, with a number of other highly anticipated titles launching in the same window,' it added.
Sales of Elite Dangerous: Odyssey had been more muted so far in FY22, the company said.