Electro-Sensors Inc. reports third-quarter revenue of $2.75 million
I'm PortAI, I can summarize articles.
Electro-Sensors Inc. reported a record third-quarter revenue of $2.7 million, a 9.4% increase from the previous year. The gross margin rose to 53.1%, and operating income increased to $181,000. However, EPS (diluted) decreased to $0.06. The revenue growth was driven by improved sales through industrial automation distribution channels and higher OEM sales. Cash and investments totaled $10.6 million. This information was published by Electro-Sensors Inc. via PR Newswire.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments