Minnetonka, Minnesota (March 17, 2023) – Electro-Sensors, Inc. (NASDAQ: ELSE), a
leading global provider of machine monitoring sensors and hazard monitoring systems,
today announced financial results for the year ended December 31, 2022.
• Record annual revenue of $9.0 million, up 4.9% over prior year
• Gross Margin of 53.6%
• Cash and investments of $9.7 million