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Stock impact report

Electro-Sensors, Inc. Announces First Quarter 2024 Financial Results [Yahoo! Finance]

Electro-Sensors, Inc. (ELSE) 
US:NASDAQ Investor Relations: electro-sensors.com/about/investor-info
Company Research Source: Yahoo! Finance
hazard monitoring systems, today announced financial results for the first quarter ended March 31, 2024 First quarter revenue of , up 9.7% from prior year-period Gross Margin of 48.1% Cash and investments of approximately $10.1 million Unaudited; in thousands, except per share data Q1 FY24 Q1 FY23 Change Net Sales Gross Margin bps Operating Loss Operating Margin bps Income (Loss) Before Income Tax Benefit Income (Loss) Per Share (diluted) "We are pleased to report first quarter revenue of , up 9.7% from the prior-year period," said David L. Klenk , Electro-Sensors' president. "This represents our largest first quarter revenue, with the increase driven primarily by several larger orders for facility upgrades and modernization projects. Additionally, sales increased for both our traditional wired sensors and wireless HazardPRO™ systems." A full analysis of results for the period ended March 31, 2024 is available in the Company's Form 10-Q, which is avai Show less Read more
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