Games developer’s shares crash on weak Jurassic World sales

Final 12 months, Frontier shares extra than doubled as locked-down gamers put in extra time on PCs and consoles.

Nevertheless, in modern months source chain concerns have led to shortages of the new PlayStation and Xbox consoles as perfectly as the graphics playing cards made use of in gaming desktops.

Analysts at Jefferies slice expectations for annual running earnings in 50 percent. It cited data from the recreation obtain retailer Steam suggesting purchases of the recreation on PCs experienced been about 50 percent that of its predecessor.

Peel Hunt explained product sales of the title may perhaps have been blighted by a absence of a Jurassic Earth film becoming unveiled at the similar time.

Production of the most recent in the franchise was delayed by the pandemic and is set to be unveiled next summer months.

Frontier, which has close to seven-hundred staff, is greatest known for management simulation game titles this kind of as Earth Coaster and Plant Zoo, as perfectly as the space fighting collection Elite, which dates back again to 1984.

The enterprise was founded by David Braben, a person of Britain’s most influential game titles builders.