Electro-Sensors Q1 revenue rises on higher sales of wired products
Electro-Sensors, Inc. ELSE | 0.00 |
Overview
US machine monitoring sensor maker's Q1 revenue rose 15% yr/yr to record level
Company posted Q1 net loss of $0.03 per share, wider than prior year
Q1 gross margin increased to 51.3% from 48.4% last year
Outlook
Company did not provide specific guidance or outlook for the current or future periods
Result Drivers
WIRED PRODUCT SALES - Co said Q1 revenue growth was primarily driven by higher sales of wired products
INTERNATIONAL AGRICULTURE DEMAND - Co said increased international sales for agricultural applications contributed to Q1 revenue growth
Company press release: ID:nPn3Nk1Bwa
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q1 Sales |
|
$2.58 mln |
|
Q1 EPS |
|
-$0.03 |
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