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Electro-Sensors, Inc. Announces Second Quarter 2025 Financial Results
Electro-SensorsElectro-Sensors(US:ELSE) Prnewswireยท2025-08-12 20:15

Core Insights - Electro-Sensors, Inc. reported a second quarter revenue of $2,400,000, reflecting an 8.3% increase compared to $2,217,000 in the same quarter of 2024 [2][3] - The gross margin improved to 51.2% in Q2 2025, up from 47.2% in Q2 2024, attributed to a refined pricing strategy [2][3] - The company achieved an operating loss of $2, significantly improved from a loss of $107 in the prior year [2][4] Financial Performance - Net sales for the first six months of 2025 reached $4,639,000, a 4.0% increase from $4,461,000 in the same period of 2024 [2][4] - The income before income taxes for Q2 2025 was $80,000, a substantial increase from $2,000 in Q2 2024, marking a 3900% change [2][4] - Earnings per share (diluted) for Q2 2025 was $0.02, compared to $0.00 in Q2 2024, indicating a 100% increase [2][6] Balance Sheet Highlights - As of June 30, 2025, total assets amounted to $15,160,000, up from $14,885,000 at the end of 2024 [7][9] - Cash and investments increased to approximately $10.2 million from $10.0 million in December 2024 [5][7] - Total stockholders' equity rose to $14,391,000 from $14,333,000 at the end of 2024 [9]