Electro-Sensors, Inc. Announces 2023 Year-End Financial Results
Minnetonka, Minnesota (March 21, 2024) – Electro-Sensors, Inc. (NASDAQ: ELSE), a
leading global provider of machine monitoring sensors and hazard monitoring systems,
today announced financial results for the year ended December 31, 2023.
• Annual revenue of $8.6 million, down 5.2% over prior year
• Gross Margin of 49.6%
• Cash and investments of $9.9 million
