Electro Sensors Stock Price, News & Analysis

Electro-Sensors (NASDAQ: ELSE), a machine monitoring sensors provider, reported Q2 2025 financial results with revenue of $2.4 million, up 8.3% year-over-year. The company achieved a gross margin of 51.2%, improving 400 basis points from 47.2% in Q2 2024.

Key financial metrics include an operating loss reduction to just $(2,000) from $(107,000) in the prior year, and earnings per share of $0.02 compared to breakeven. The company maintains a strong balance sheet with cash and investments of $10.2 million. For the first half of 2025, net sales increased 4.0% to $4.64 million, though the company recorded a small net loss of $(5,000).

Electro-Sensors (NASDAQ: ELSE) reported its Q1 2025 financial results, showing a slight revenue decline to $2.239 million, down 0.2% from Q1 2024. The company's gross margin improved marginally to 48.4%, up 30 basis points year-over-year. However, the company recorded an operating loss of $169,000, compared to a $100,000 loss in the prior year. Net loss for the quarter was $64,000 or $0.02 per diluted share, compared to net income of $11,000 in Q1 2024. The decline was primarily attributed to reduced sales of HazardPRO wireless products, partially offset by increased wired sensor product sales. The company maintained a strong balance sheet with cash and investments of approximately $10.0 million.

Electro-Sensors Inc (NASDAQ: ELSE), a leading provider of machine monitoring sensors and hazard monitoring systems, reported its financial results for the year ended December 31, 2024. The company achieved record annual revenue of $9.4 million, representing a 9.6% increase from $8.6 million in the previous year.

The revenue growth was primarily attributed to increased sales of HazardPRO wireless sensors in agricultural applications. International sales showed improvement, accounting for 11.5% of net sales compared to 10.3% in the prior year. The company maintained a strong gross margin of 48.9% and reported cash and investments of $10.0 million.

Electro-Sensors (NASDAQ: ELSE) reported strong Q3 2024 financial results with revenue increasing 22.1% to $2.512 million compared to $2.057 million in Q3 2023. The company achieved a gross margin of 50.4%, up from 48.3% year-over-year. Operating income improved significantly to $173,000 compared to a loss of $26,000 in the prior year. Net income reached $238,000 or $0.07 per diluted share. The growth was driven by increased sales in both wired sensor products and wireless HazardPRO™ products, particularly in industrial automation and agricultural applications. The company maintained a strong balance sheet with cash and investments of $10.3 million.

Electro-Sensors, Inc. (NASDAQ: ELSE) reported its Q2 2024 financial results, showing a 3.7% increase in quarterly revenue to $2,217,000. The company's gross margin was 47.2%, down from 50.0% in Q2 2023. Despite the revenue growth, Electro-Sensors recorded an operating loss of $107,000 compared to an operating income of $44,000 in the prior-year quarter. The company maintained a strong cash position with $9.9 million in cash and investments. Sales growth was primarily attributed to increased demand for HazardPRO wireless hazard monitoring systems. For the first six months of 2024, net sales increased by 6.7% to $4,461,000, while gross margin decreased to 47.7% due to higher material and labor costs.

Electro-Sensors, Inc. reported first-quarter 2024 financial results, showcasing revenue growth of 9.7% to $2,244,000. The company's Gross Margin was 48.1%, with cash and investments totaling around $10.1 million. President David L. Klenk attributed the revenue increase to larger orders for facility upgrades and modernization projects, along with rising sales in wired sensors and wireless HazardPRO™ systems.