Minnetonka, Minnesota (November 13, 2017) – Electro-Sensors, Inc. (NASDAQ: ELSE), a leading global provider of machine monitoring sensors and hazard monitoring systems, today announced financial results for the third quarter ended September 30, 2017.
• Quarterly revenue of $2,054,000
• Sales increased 11.8% compared to third quarter of 2016
• Gross margin of 55.2%
• Operating income margin of 10.8%