0749 GMT - U.K. game developer Frontier Developments delivered a strong full-year update, Panmure Liberum analysts Sean Kealy and Johnathan Barrett write. The company will buy back around 9% of its market cap after cash conversion was stronger than expected, they say. After the update, the analysts increase their full-year Ebitda expectations by around 9.5% to 8.1 million pounds. Frontier's launch of "Jurassic World Evolution 3" in October looks well timed to benefit from peak sales season, they say. Shares trade up 17% at 316.5 pence. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
June 11, 2025 03:49 ET (07:49 GMT)
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