Good morning, it’s Paul here!
Comments published before 8 am
A couple of video games companies update us today. I don’t tend to invest in, or comment much on this sector, as you really need sector-specific knowledge about the quality amp; longevity of the various games franchises, which I don’t have.
£TM17
I’m flagging this, as the company seems to be performing well;
The Company has continued to experience strong customer traction from both new and established games since the start of the year and now expects both adjusted EBITDA and revenue to be ahead of market expectations for the current year…
It’s not a share I’ve looked into before, but will check out amp; report on its next set of numbers, due out in Sept 2019.
Frontier Developments (LON:FDEV)
Record financial performance announced, but no indication of how performance has been against market expectations.
Frontier expects to report record annual revenue of approximately £89 million for FY19, which is more than two and a half times the previous financial year (FY18: £34.2 million)… Frontier expects to report an operating profit margin of approximately 21% for FY19 (FY18: 8%) when full financial results are announced in…
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