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0.0193236714975848 0.0193236714975848 0.0193236714975848 0.0193236714975848 0.0193236714975848 -0.00966183574879207 -0.00966183574879207 -0.00966183574879207
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Electro-Sensors, Inc. Announces Third Quarter 2024 Financial Results

Electro-Sensors, Inc. (ELSE) 
US:NASDAQ Investor Relations: electro-sensors.com/about/investor-info
Company Research Source: PR Newswire
MINNETONKA, Minn., Nov. 13, 2024 /PRNewswire/ -- Electro-Sensors, Inc. (NASDAQ: ELSE), a leading global provider of machine monitoring sensors and hazard monitoring systems, today announced financial results for the third quarter ended September 30, 2024.Quarterly revenue of $2,512,000, up 22.1% from the prior-year periodGross margin of 50.4%Cash and investments of approximately $10.3 millionSelected Financial Information (unaudited; in thousands, except per share data)Q3 2024Q3 2023ChangeNet Sales$2,512$2,05722.1%Gross Margin50.4%48.3%210bpsOperating Income (Loss)$173$(26)765.4%Operating Income Margin Show less Read more
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