Minnetonka, Minnesota (May 11, 2017) – Electro-Sensors, Inc. (NASDAQ: ELSE), a leading global provider of machine monitoring sensors and hazard monitoring systems, today announced financial results for the first quarter ended March 31, 2017.
• First quarter revenue of $1,650,000
• Gross Margin of 54.5%
• Cash, cash equivalents and treasury bills of approximately $8.1 million