ELSE Overview

Financial Performance: Electro-Sensors, Inc. reported a second-quarter revenue of $2.4 million, an 8.3% increase from the previous year, with a gross margin improvement to 51.2% due to refined pricing strategies.

Operational Highlights: The company achieved a significant reduction in operating loss and reported net income of $59,000 for Q2 2025, compared to a loss of $4,000 in the same quarter last year.

Financial Performance: Electro-Sensors, Inc. reported a first quarter revenue of $2,239,000 for the period ending March 31, 2025, reflecting a slight decrease of 0.2% compared to the previous year, with an operating loss of $169,000 and a diluted loss per share of $0.02.

Product Sales Insights: The decline in revenue was primarily attributed to reduced sales of HazardPRO wireless products, although there was an increase in wired sensor product sales, highlighting mixed performance across their product lines.

Financial Performance: Electro-Sensors, Inc. reported a 9.6% increase in annual revenue for 2024, totaling $9.4 million, with notable growth in HazardPRO wireless sensor sales and a gross margin of 48.9%.

Annual Meeting Announcement: The company's Annual Meeting of Shareholders is scheduled for April 23, 2025, to be held via live webcast, allowing shareholders to participate and vote virtually.

Financial Performance: Electro-Sensors, Inc. reported a 22.1% increase in quarterly revenue to $2,512,000 for Q3 2024, with a gross margin of 50.4%, up from 48.3% in the previous year.

Operational Insights: The growth was attributed to increased sales in both wired sensor products and wireless HazardPRO™ systems, driven by industrial automation and agricultural applications.

Financial Performance: Electro-Sensors, Inc. reported a 3.7% increase in quarterly revenue to $2,217,000 for Q2 2024, but experienced a decline in gross margin and net income compared to the previous year due to rising material and labor costs.

Product Demand: The growth in sales was primarily driven by increased demand for their HazardPRO wireless hazard monitoring systems, highlighting customer appreciation for their ease of installation and cost-effectiveness.