Overview
Electro-Sensors Q3 revenue rose 9.4% yr/yr, reaching a record $2.75 mln
Company's gross margin increased to 53.1% from 50.4% in Q3 2024
EPS for Q3 decreased to $0.06 from $0.07 in the prior year
Outlook
Company did not provide specific guidance for future quarters or full year
Result Drivers
INDUSTRIAL AUTOMATION - Improved sales through industrial automation distribution channels contributed to record revenue
SUPPLY CHAIN MANAGEMENT - Gross margin increased due to careful supply chain management and sales price adjustments
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
$2.75 mln
Q3 EPS
$0.06
Q3 Net Income
$208,000
Q3 Gross Margin
53.10%
Q3 Gross Profit
$1.46 mln
Q3 Operating Expenses
$1.28 mln
Q3 Operating Income
$181,000
Q3 Pretax Profit
$272,000
Press Release: ID:nPn1M49Z9a
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(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.)