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ELSE Electro-Sensors News Story

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Electro-Sensors Q1 revenue rises on higher sales of wired products

Overview

US machine monitoring sensor maker's Q1 revenue rose 15% yr/yr to record level

Company posted Q1 net loss of $0.03 per share, wider than prior year

Q1 gross margin increased to 51.3% from 48.4% last year

Outlook

Company did not provide specific guidance or outlook for the current or future periods

Result Drivers

WIRED PRODUCT SALES - Co said Q1 revenue growth was primarily driven by higher sales of wired products

INTERNATIONAL AGRICULTURE DEMAND - Co said increased international sales for agricultural applications contributed to Q1 revenue growth

Company press release: ID:nPn3Nk1Bwa

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 Sales$2.58 mln
Q1 EPS-$0.03
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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