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Stock impact report

Electro-Sensors, Inc. Announces 2016 Year End Financial Results

Electro-Sensors, Inc. (ELSE) 
US:NASDAQ Investor Relations: electro-sensors.com/about/investor-info
Company Research Source: PR Newswire
MINNETONKA, Minn., March 29, 2017 /PRNewswire/ -- 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, 2016.Annual revenue of  $7,087,000 Gross Margin of 54.8% Cash, cash equivalents and treasury bills grew to approximately $8.3 millionIn thousands, except per share dataFY16FY15ChangeNet Sales$7,087$7,636-7.2%Gross Margin54.8%55.3%-50bpsOperating Income$170$290-41.4%Operating Income Margin2.4%3.7%-130bpsIncome Before Income Taxes$204$1,744-88.3 Show less Read more
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