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Electro-Sensors (ELSE) Reports Q2 EPS of $0.04

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Electro-Sensors, Inc. Announces Second Quarter 2016 Financial Results

August 12, 2016 1:05 PM EDT

MINNETONKA, Minn., Aug. 12, 2016 /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, 2016.

Sales in the quarter increase 17.1% over first quarter Gross margin of 58.4% Operating income margin of 10.3%

Consolidated (unaudited; in thousands, except per share data)

Q2 FY16

Q2... More