Shares in Frontier Developments (FDEV) fell 13 per cent after the video game developer delayed the full launch of Elite Dangerous: Horizons by six to eight weeks. It will now release the expansion to its flagship space shooter in its next financial year, leading management to warn that second-half revenues will be "substantially below" prior expectations.
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Broker Numis slashed its EPS forecasts by 72 per cent to 7.3p for the year to May 2017 (FY2016: loss per share of 19.2p).
