Minnetonka, Minnesota (August 12, 2019) – Electro-Sensors, Inc. (NASDAQ: ELSE), a leading global provider of machine monitoring sensors and hazard monitoring systems, today announced financial results for the second quarter ended June 30, 2019.
• Quarterly revenue of $2,260,000, up 27% from prior-year quarter
• Gross margin of 54.6%
• Cash and investments of approximately $8.8 million