Minnetonka, Minnesota (May 13, 2019) – 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, 2019.
- Record first quarter revenue of $2,008,000, up 17% from prior-year quarter
- Gross Margin of 53.1%
- Cash and investments of approximately $8.7 million