We last looked closely at Brillian
Brillian said in a pair of Thursday night press releases that the aforementioned product wouldn't be able to ship in significant volumes until the third quarter because a key part wasn't available in the quantities needed. Interestingly, Brillian identified the company that failed it -- JDS Uniphase
The near-term hit to Brillian's business is substantial. Revenue guidance for the quarter was dropped to $800,000 at the most, down from initial estimates of between $2.8 million and $3.2 million. Net losses, meanwhile, are seen between $5.6 million and $6.1 million, up from an old worst-case estimate of $4.9 million. Fourth-quarter revenues, meanwhile, are up in the air as the company waits to see how the components come through.
All told, it's bad news for a company that should be in the right place at the right time with high-end TVs the "new black" in household electronics. That these TVs were intended for a new retail partner only adds to the sting: That retailer can't be happy that they weren't ready for the start of NFL football -- a time of year ready-made I can report, for the company of good friends, three steaming slow cookers, and Tanner's 60-inch TV set.
Brillian's hot new TVs, it appears, won't get to join the party until the season is well under way.
Fool contributor Dave Marino-Nachison doesn't own any of the companies in this story.