Share in ZOO Digital Group PLC fell 27% as the entertainment media services firm warned full-year losses would be worse than feared following delivery delays in the fourth quarter.
Though production projects have resumed after the resolution of Hollywood strikes in November, ZOO said on Wednesday that the completion of its entertainment products, such as subtitling and dubbing, was taking longer than expected.
This will translate to lower-than-anticipated fourth-quarter revenue and greater-than-expected losses for the year, the company said.
Zoo added profitability should return next year, with net cash sitting at US$8.9 million as of last December.
Shares slipped 27% to 42.3p.