King shares down 8% in after-hours trading as Wall Street reacts to weak outlook

Candy Crush Saga publisher King has beat its own guidance for its fiscal second quarter, but investors are not happy with what they see from the game maker.

King’s stock price is down more than 8 percent in after-hours trading to $13.82 a share. This dive comes as the company reported its Q2 results, where it generated $500 million in revenues, which beat Wall Street estimates of approximately $490 million. The publisher also reported earnings of 49 cents per share, which bested the market consensus of 43 cents. But those beats comes as the company warns of lighter guidance going forward and as its active player numbers evaporate.