Minnetonka, Minnesota (May 11, 2020) – 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, 2020.
• First quarter revenue of $1,923,000, down 4.2% from prior year period
• Gross Margin of 52.0%
• Cash and investments of approximately $8.9 million