Frontier Developments (FDEV) Posts Quarterly Earnings Results

Frontier Developments (LON:FDEV) announced its quarterly earnings data on Tuesday. The company reported GBX 8 ($0.11) EPS for the quarter, Bloomberg Earnings reports. Frontier Developments had a net margin of 21.13% and a return on equity of 27.97%. The firm had revenue of £189.90 billion during the quarter.

Frontier Developments (LON FDEV) opened at GBX 1,370 ($19.21) on Tuesday. Frontier Developments has a twelve month low of GBX 270 ($3.79) and a twelve month high of GBX 1,540 ($21.59). The firm has a market cap of $548.01 and a PE ratio of 6,227.27.

In other Frontier Developments news, insider David John Walsh bought 3,500 shares of the company’s stock in a transaction on Wednesday, November 29th. The stock was purchased at an average cost of GBX 1,304 ($18.28) per share, for a total transaction of £45,640 ($63,993.27).

FDEV has been the subject of several recent analyst reports. Liberum Capital reiterated a “buy” rating on shares of Frontier Developments in a research note on Wednesday, January 10th. FinnCap reiterated a “corporate” rating and issued a GBX 1,700 ($23.84) price objective on shares of Frontier Developments in a research note on Tuesday.

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Frontier Developments Company Profile

Frontier Developments plc is engaged in developing non-game applications and video games for the entertainment sector. The Company’s segments include self-published and external publishers. The self-published segment is engaged in sales of the game and digital in-game. The Company has completed work for external publishers, including Screamride and Tales from Deep Space.

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