Electro-Sensors Q1 2025 Earnings: Revenue Flat, Loss Per Share Widens to $0.019

Electro-Sensors reported a net loss of $64.0k in Q1 2025, compared to a profit of $11.0k in Q1 2024. Revenue remained flat at $2.24m, and the company posted a loss per share of $0.019. The share price is largely unchanged from a week ago.

Minnetonka, Minnesota — Electro-Sensors, Inc. (NASDAQ: ELSE), a leading global provider of machine monitoring sensors and hazard monitoring systems, announced its financial results for the first quarter ended March 31, 2025. The company reported a net loss of $64,000 compared to a profit of $11,000 in the same period last year. Revenue remained flat at $2,239,000, and the company posted a loss per share of $0.019. The share price is largely unchanged from a week ago.

The first quarter revenue of $2,239,000 was down by 0.2% from the prior-year period, driven primarily by reduced sales of HazardPRO wireless products, which were partially offset by an increase in sales of wired sensor products [1]. Despite the revenue dip, Electro-Sensors improved its gross margin to 48.4%, an increase of 30 basis points from the previous year. However, the company reported an operating loss of $169,000, compared to a $100,000 operating loss in Q1 2024, reflecting a 69% increase in losses. Consequently, the net loss for the quarter stood at $64,000, or $0.02 per diluted share, marking a reversal from a net income of $11,000 in the same period last year [3].

Electro-Sensors maintained a strong balance sheet, holding approximately $10.0 million in cash and investments. The company remains financially robust, with low liabilities of $786,000 and substantial stockholders' equity amounting to $14.3 million. These metrics highlight the firm's capacity to manage short-term challenges [3].

Looking ahead, Electro-Sensors continues to focus on optimizing its product mix and improving operational efficiencies to enhance its financial performance in the competitive market for monitoring sensors [3].

References:
[1] https://finance.yahoo.com/news/electro-sensors-inc-announces-first-203000512.html
[2] https://www.electro-sensors.com/news-events/news-applications/electro-sensors-inc-announces-first-quarter-2025-financial-results
[3] https://www.gurufocus.com/news/2855302/electrosensors-inc-announces-first-quarter-2025-financial-results-else-stock-news