Electro Sensors Inc  (ELSE)
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Price: $4.0800 $0.04 0.865%
Day's High: $4.08 Week Perf: -0.97 %
Day's Low: $ 4.08 30 Day Perf: -0.65 %
Volume (M): 0 52 Wk High: $ 4.76
Volume (M$): $ 1 52 Wk Avg: $4.18
Open: $4.08 52 Wk Low: $3.65

 Market Capitalization (Millions $) 14
 Shares Outstanding (Millions) 3
 Employees 36
 Revenues (TTM) (Millions $) 8
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) -6
 Capital Exp. (TTM) (Millions $) 0

Electro Sensors Inc

Electro-Sensors, Inc. is engaged in manufacturing and selling industrial production monitoring and process control systems.

In addition, through our former subsidiary ESI Investment Company, we periodically made strategic investments in other businesses and companies, primarily when we believed that these investments would facilitate the development of technology complementary to our existing products. During 2015, we sold substantially all our remaining investments in other businesses and companies. Effective December 31, 2015, we merged ESI Investment Company and Senstar Corporation, a subsidiary with no business operations, into the parent company Electro-Sensors, Inc.

ESI was incorporated in Minnesota in July 1968. Our executive offices are located at 6111 Blue Circle Drive, Minnetonka, Minnesota, 55343-9108. Our telephone number is (952) 930-0100.

We manufacture and sell several different types of monitoring systems that measure actual machine production and operation rates, as well as systems that regulate the speed of related machines in production processes.

Our speed monitoring systems compare revolutions per minute or speed against acceptable rates as determined by a customer. The systems vary in complexity, from a simple system that detects slow-downs or stoppages, to more sophisticated systems that warn of deviations from precise tolerances and that permit various subsidiary operations to be determined through monitoring the shaft speed.

The speed monitoring systems also include a line of products that measure production counts or rates, such as parts, gallons, or board feet. The speed monitoring systems also include alarm systems, tachometers, and other devices that translate impulses from the sensors into alarm signals, computer inputs, or digital displays that are usable by the customer.

We also offer production monitoring devices that include a tilt switch, vibration monitor, and slide gate position monitor. A tilt switch is designed to alert the operator when a storage bin or production system reaches a certain capacity (e.g., when grain fills a silo). A vibration monitor will alert an operator when the vibration of a machine in a production system exceeds or is less than a specified level. The slide gate position monitor is used in plant operations to provide feedback of the position of a slide gate. As part of our Electro-Sentry Hazard Monitoring system, we also have temperature sensors that are used to monitor bearing temperature and belt misalignment.

We have several products used in drive control systems that regulate the speed of motors on related machines in a production sequence to ensure that the performances of various operations are coordinated. The products consist of a line of digital control products for motors that require a complete closed loop PID (Proportional Integral Derivative) control. The closed loop controllers coordinate production speed among process motors and reduce waste.

We have a sales agreement with Motrona GmbH, a German control and interface devices manufacturer, under which we have the right to distribute Motrona products in the United States. These products interface with our products on various applications.

We expect to continue to expend resources to develop new products and to market new and existing products for use in a wide variety of monitoring applications.

   Company Address: 6111 Blue Circle Drive Minnetonka 55343 MN
   Company Phone Number: 930-0100   Stock Exchange / Ticker: NASDAQ ELSE
   ELSE is expected to report next financial results on March 16, 2024.


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Electro Sensors Inc

Electro Sensors Inc Struggles with Declining Revenue and Market Challenges in Q3 2023

#As the markets take a closer look at Electro Sensors Inc's financial results for the period ending September 30, 2023, it becomes evident that the company continues to face several challenges. With balanced books of $0.00 per share, a decline from $0.04 in the previous year, and a reduced revenue of $1.99 million compared to $2.22 million in the same reporting period a year ago, Electro Sensors Inc is grappling with maintaining growth amidst a changing business landscape.
The decline in revenue by -10.063% year-on-year and a sequential drop of -3.627% from $2.07 million indicate a downward trend. This decrease in revenue can be attributed to multiple factors, including a more competitive market environment and economic fluctuations that have affected consumer demand. Such developments have put substantial pressure on Electro Sensors Inc to create innovative strategies to regain market share and improve profitability.

Electro Sensors Inc

Electro Sensors Inc Turns the Tide with Profitability Surge in Second Quarter 2023

Electro Sensors Inc, a company operating in the Electronic Instruments & Controls sector, recently reported its second-quarter earnings for 2023. The results indicate a significant turnaround with improved profitability compared to the previous year.
In terms of earnings per share (EPS), Electro Sensors Inc presented a positive value of $0.03 per share, a remarkable improvement from the negative $0.08 per share reported a year ago. Moreover, the company's earnings per share also turned positive from the prior quarter, increasing from negative $0.01 per share.

Electro Sensors Inc

Electro Sensors Inc Faces Alarming -4.215% Revenue Plunge Amid Financial Q1 2023, Raising Concerns for Investors

Electro Sensors Inc, a leader in the manufacturing industry, recently reported lower revenue and a deficit in the financial period ending March 31 2023. The company's revenue fell by -4.215 % to $2.05 million, which resulted in a shortfall per share of $-0.01, compared to $0.00 per share realized in the same period a year before. This is an alarming development for investors who were expecting favorable results.
The company's recent numbers from the preceding reporting period indicate a downward trend, with revenue decreasing by -3.264 % from $2.11 million, and EPS falling from $0.08 per share. In the financial period ending March 31 2023, Electro Sensors Inc realized a net shortfall of $-0.044 million, higher than $-0.009 million a year ago.


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