3dfx Opperhoofd Alex Leupp heeft in een press release laten weten dat er voor het tweede kwartaal een tegenvallende omzet wordt verwacht omdat een toeleverancier van componenten niet heeft kunnen voldoen aan een deel van de toegezegde leveringen. Voor 3dfx is de situatie extra klote omdat zij volgens eigen zeggen op weg zijn om weer winst te maken:
The CEO of 3dfx Interactive® Inc. (NASDAQ:TDFX) said today that revenues for the three months ending July 31, 2000, which is the second quarter of its 2001 fiscal year, will be lower than previous expectations due to the company not receiving a substantial portion of certain components a supplier committed to provide. 3dfx designs and markets video graphics chips and video accelerator boards for use in personal computers and other devices requiring high quality 3D graphics.
"This shortfall is extremely frustrating, as the company has been on course for returning to operating profitability," Dr. Alex Leupp said. "We believe this temporary component shortfall will result in deferred rather than lost revenues, and, therefore, we remain confident about our third quarter."
"We feel very positive about our overall progress to date and believe additional improvements are on the horizon," Leupp continued. "It is unfortunate that the availability of components has undermined the prospects for improved earnings in the second quarter, but we believe it has not affected the longer term outlook for achieving profitability."
Leupp cited the return to profitability as a top priority when he was named CEO and president of the company six months ago. Leupp said, "Over the past several months, we have initiated a number of actions including securing alternative component suppliers designed to support our earnings goals, and although the benefits of these actions are not yet fully realized we are satisfied that we are on the right course."