Frontier Developments Share Price Slammed after Slow Initial Sales

Frontier Developments Profit Warning: Shares in games developer Frontier Developments (LON:FDEV) were off by over 33% today as a trading update revealed that sales of it’s latest release were below expectations. With guidance for FY22 knocked back to a rather wide range of £100m-£130m, the amount of uncertainty in the market is reflected by the … Read more

Billington Holdings Shares Fall As Profit Guidance Set to be Missed

Billington Holdings Profit Warning: Shares in structural steel specialist Billington Holdings (LON:BILN) fell today as a new trading update revealed that key contracts had been delayed. And whilst these profits were set to be recognised in the next financial year, it means that this years forecast will not be reached. Share price action was rather … Read more

Customer Churn Woes Lead to Iomart Profit Warning

Iomart Profit Warning: Shares in cloud services provider Iomart (LON:IOM) dumped 15% in early trade today after the company revealed that profits would be lower than expectations. This period in the markets has seen some negative action with a rotation into energy and value stocks. We also had two milder profit warnings: both Parsley Box … Read more