Minnetonka, Minnesota (May 12, 2023) – 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, 2023.
• First quarter revenue of $2,045,000, down 4.2% from prior year-period
• Gross Margin of 50.0%
• Cash and investments of approximately $9.6 million
