TEMPE, AZ -- Benchmark Electronics today said it will not achieve its first quarter 2020 financial guidance the company provided on Feb. 6 due to the impact from the coronavirus.

Benchmark said its factory in Suzhou, China, is now fully operational, but a string of hurdles are limiting the company's ability to meet its previous outlook. Specifically, the EMS firm noted the impact of the temporary shutdown of the Suzhou plant, supply chain and logistics interruptions from Asian suppliers impacted by the virus, and emerging restrictions related to government regulations on operations.

Benchmark expects to provide more information during its next earnings call in April.

"Our deepest sympathies go out to those who have been impacted by the Covid-19 outbreak," said Jeff Benck, president and CEO, Benchmark. "The health and well-being of Benchmark employees, customers, partners and our communities in which we operate are of the utmost importance. Benchmark is following all government guidelines and taking precautionary steps to protect our global organization. Since this crisis has emerged, the Benchmark team has risen to the challenge to support our customers. The extraordinary efforts of our team members are deeply appreciated."

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