News & Videos - ELECTRO-SENSORS INC.

Electro-Sensors, Inc. Announces 2024 Year-End Financial Results PR Newswire MINNETONKA, Minn., March 19, 2025 MINNETONKA, Minn. , March 19, 2025 /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, 2024 . Annual revenue of $9.4 million , up 9.6% over prior year Gross Margin of 48.9% Cash and investments of $10.0 million Table in thousands,...

Electro-Sensors, Inc. Announces Third Quarter 2024 Financial Results PR Newswire MINNETONKA, Minn., Nov. 13, 2024 MINNETONKA, Minn. , Nov. 13, 2024 /PRNewswire/ -- Electro-Sensors, Inc. (NASDAQ: ELSE), a leading global provider of machine monitoring sensors and hazard monitoring systems, today announced financial results for the third quarter ended September 30, 2024 . Quarterly revenue of $2,512,000 , up 22.1% from the prior-year period Gross margin of 50.4% Cash and investments of...

Electro-Sensors, Inc. Announces Second Quarter 2024 Financial Results PR Newswire MINNETONKA, Minn., Aug. 9, 2024 MINNETONKA, Minn. , Aug. 9, 2024 /PRNewswire/ -- 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, 2024 . Quarterly revenue of $2,217,000 , up 3.7% from the prior-year period Gross margin of 47.2% Cash and investments of approximately $9.9...

Electro-Sensors, Inc. Announces First Quarter 2024 Financial Results PR Newswire MINNETONKA, Minn., May 10, 2024 MINNETONKA, Minn. , May 10, 2024 /PRNewswire/ -- Electro-Sensors, Inc. (NASDAQ: ELSE), a leading global provider of machine monitoring sensors and hazard monitoring systems, today announced financial results for the first quarter ended March 31, 2024 . First quarter revenue of $2,244,000 , up 9.7% from prior year-period Gross Margin of 48.1% Cash and investments of approximately $10.1...

Electro-Sensors, Inc. Announces 2023 Year-End Financial Results PR Newswire MINNETONKA, Minn., March 21, 2024 MINNETONKA, Minn. , March 21, 2024 /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, 2023 . Annual revenue of $8.6 million , down 5.2% over prior year Gross Margin of 49.6% Cash and investments of $9.9 million Table in thousands,...

Electro-Sensors, Inc. Announces Third Quarter 2023 Financial Results PR Newswire MINNETONKA, Minn., Nov. 14, 2023 MINNETONKA, Minn. , Nov. 14, 2023 /PRNewswire/ -- Electro-Sensors, Inc. (NASDAQ: ELSE), a leading global provider of machine monitoring sensors and hazard monitoring systems, today announced financial results for the third quarter ended September 30, 2023 . Quarterly revenue of $2,057,000 Gross margin of 48.3% Cash and investments of approximately $9.9 million Selected Financial...

Electro-Sensors, Inc. Announces Second Quarter 2023 Financial Results PR Newswire MINNETONKA, Minn., Aug. 11, 2023 MINNETONKA, Minn. , Aug. 11, 2023 /PRNewswire/ -- 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 Selected Financial...

Electro-Sensors, Inc. Announces First Quarter 2023 Financial Results PR Newswire MINNETONKA, Minn., May 12, 2023 MINNETONKA, Minn. , May 12, 2023 /PRNewswire/ -- Electro-Sensors, Inc. (NASDAQ: ELSE), a leading global provider of machine monitoring sensors and hazard monitoring systems, today announced financial results for the first quarter ended March 31, 2023 . First quarter revenue of $2,045,000 , down 4.2% from prior year-period Gross Margin of 50.0% Cash and investments of approximately...

Electro-Sensors, Inc. Announces 2022 Year-End Financial Results PR Newswire MINNETONKA, Minn., March 17, 2023 MINNETONKA, Minn. , March 17, 2023 /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, 2022 . Record annual revenue of $9.0 million , up 4.9% over prior year Gross Margin of 53.6% Cash and investments of $9.7 million Table in...

Electro-Sensors and Mobile X Global, Inc. Agree to Terminate Merger Agreement PR Newswire MINNETONKA, Minn., Jan. 30, 2023 MINNETONKA, Minn. , Jan. 30, 2023 /PRNewswire/ -- Electro-Sensors, Inc. (Nasdaq: ELSE) and privately held Mobile X Global, Inc. announced today that the two companies have terminated the definitive merger agreement the parties entered into on June 10, 2022 . A condition to closing of the merger transaction was the consummation of an equity financing with minimum gross...

Electro-Sensors, Inc. Announces Third Quarter 2022 Financial Results PR Newswire MINNETONKA, Minn., Nov. 14, 2022 MINNETONKA, Minn. , Nov. 14, 2022 /PRNewswire/ -- Electro-Sensors, Inc. (NASDAQ: ELSE), a leading global provider of machine monitoring sensors and hazard monitoring systems, today announced financial results for the third quarter ended September 30, 2022 . Third quarter revenue of $2,216,000 , up 2.9% from prior-year period Gross margin of 52.5% Cash and investments of approximately...

Electro-Sensors, Inc. Announces Second Quarter 2022 Financial Results PR Newswire MINNETONKA, Minn., Aug. 2, 2022 MINNETONKA, Minn. , Aug. 2, 2022 /PRNewswire/ -- 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, 2022 . Record quarterly revenue of $2,564,000 Gross margin of 54.9% Cash and investments of approximately $9.5 million Selected Financial...

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Electro-Sensors, Inc. (the “Company”) (NasdaqCM: ELSE) with Mobile X Global, Inc. pursuant to which Electro shareholders will end up owning just approximately 11% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger undervalues the Company. If you...

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Electro-Sensors, Inc. (the “Company”) (NasdaqCM: ELSE) with Mobile X Global, Inc. pursuant to which Electro shareholders will end up owning just approximately 11% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger undervalues the Company. If you...

Halper Sadeh LLP, an investor rights law firm, is investigating whether the merger of Electro-Sensors, Inc. (NASDAQ: ELSE) and Mobile X Global, Inc. is fair to Electro-Sensors shareholders. Halper Sadeh encourages Electro-Sensors shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected] . The investigation concerns whether Electro-Sensors and its board violated the...

Electro-Sensors and Mobile X Global Announce Merger PR Newswire MINNETONKA, Minn. and LOS ANGELES, June 13, 2022 Public company to launch Mobile X, a disruptive new wireless service provider MINNETONKA, Minn. and LOS ANGELES , June 13, 2022 /PRNewswire/ -- Electro-Sensors, Inc. (Nasdaq: ELSE), a leader in industrial monitoring systems, and Mobile X Global, Inc., one of the world's first connectivity-as-a-service companies, announced today that they have entered into definitive agreements to...

Electro-Sensors, Inc. Announces First Quarter 2022 Financial Results PR Newswire MINNETONKA, Minn., May 13, 2022 MINNETONKA, Minn. , May 13, 2022 /PRNewswire/ -- Electro-Sensors, Inc. (NASDAQ: ELSE), a leading global provider of machine monitoring sensors and hazard monitoring systems, today announced financial results for the first quarter ended March 31, 2022 . First quarter revenue of $2,135,000 , up 12.3% from prior year-period Gross Margin of 54.6% Cash and investments of approximately $9.7...

Electro-Sensors, Inc. Announces 2021 Year-End Financial Results PR Newswire MINNETONKA, Minn., March 31, 2022 MINNETONKA, Minn. , March 31, 2022 /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, 2021 . Record net sales of $8.6 million , up 12.9% over prior year Gross Margin of 54.3% Cash and investments of $9.8 million Table in thousands,...

Electro-Sensors, Inc. Announces Third Quarter 2021 Financial Results PR Newswire MINNETONKA, Minn., Nov. 5, 2021 MINNETONKA, Minn. , Nov. 5, 2021 /PRNewswire/ -- Electro-Sensors, Inc. (NASDAQ: ELSE), a leading global provider of machine monitoring sensors and hazard monitoring systems, today announced financial results for the third quarter ended September 30, 2021 . Revenue of $2,154,000 , up 13.4% from prior-year period Gross margin of 55.9% Cash and investments of approximately $9.7 million...

Electro-Sensors, Inc. Announces Second Quarter 2021 Financial Results PR Newswire MINNETONKA, Minn., Aug. 12, 2021 MINNETONKA, Minn. , Aug. 12, 2021 /PRNewswire/ -- 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, 2021 . Record quarterly revenue of $2,462,000 Gross margin of 55.9% Cash and investments of approximately $9.6 million Selected Financial...