Minnetonka, Minnesota (August 2, 2022) – 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, 2022.
• Record quarterly revenue of $2,564,000
• Gross margin of 54.9%
• Cash and investments of approximately $9.5 million