Electro-Sensors, Inc. Announces Second Quarter 2023 Financial Results
Minnetonka, Minnesota (August 11, 2023) – 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, 2023.
• Quarterly revenue of $2,137,000
• Gross margin of 50.0%
• Cash and investments of approximately $9.6 million