MINNETONKA, Minn., May 12, 2025 /PRNewswire/ — Electro-Sensors, Inc. (NASDAQ: ELSE), a leading global provider of machine monitoring sensors and hazard monitoring systems, today announced financial results for the first quarter ended March 31, 2025.

First quarter revenue of $2,239,000Gross Margin of 48.4%Cash and investments of approximately $10.0 million

Unaudited; in thousands, except per share data

“We are pleased to report first quarter revenue of $2,239,000, down 0.2% from the prior-year period,” said David L. Klenk, Electro-Sensors’ president.  “The decrease was driven primarily by reduced sales of HazardPROTM wireless product sales, partially offset by an increase in sales of wired sensor products.”

A full analysis of results for the period ended March 31, 2025 is available in the Company’s Form 10-Q, which is available on the Company’s website at www.electro-sensors.com or through the Securities and Exchange Commission’s Edgar database at www.sec.gov.

About Electro-Sensors

Electro-Sensors, Inc. is an industry leading designer and manufacturer of rugged and reliable machine monitoring sensors and wireless/wired hazard monitoring systems applied across multiple industries and applications. These products improve processes by protecting people, safeguarding systems, reducing downtime, and preventing waste. Electro-Sensors is proud to be an ISO9001:2015 quality certified company and is committed to providing excellent customer service and technical support. Founded in 1968 and located in Minnetonka, Minnesota, Electro-Sensors provides its loyal customers with reliable products that improve safety and help plants operate with greater efficiency, productivity and control.

Cautionary Statement Regarding Forward Looking Statements

This press release may include statements about possible or anticipated future financial performance, business activities, plans, or opportunities.  These forward-looking statements may include the words “will,” “should,” “believes,” “expects,” “anticipates,” “intends” or similar expressions.  For these forward-looking statements, the Company claims the protection of the safe harbor for forward−looking statements contained in federal securities laws.  Forward-looking statements reflect the company’s current views with respect to future events and financial performance and include any statement that does not directly relate to a current or historical fact.  These forward-looking statements are subject to a number of factors, risks and uncertainties, including those disclosed in our periodic filings with the SEC that could cause actual performance, activities, plans, or opportunities after the date the statements are made to differ significantly from those indicated in the forward-looking statements.

For more information please visit our website at: www.electro-sensors.com. Also look us up on:
LinkedIn: linkedin.com/company/electro-sensors-inc-
X: x.com/ESIsensors
Facebook: facebook.com/ElectroSensors

View original content:https://www.prnewswire.com/news-releases/electro-sensors-inc-announces-first-quarter-2025-financial-results-302452891.html

SOURCE Electro-Sensors, Inc.

NEW YORK, May 12, 2025 /PRNewswire/ — Audit Peak, an NYC based CPA firm specializing in IT audits, cybersecurity, and risk advisory services, proudly announces the successful completion of its recent peer review under the American Institute of Certified Public Accountants (AICPA) Peer Review Program.

The peer review, an evaluation mandated for firms providing attest services, is a rigorous assessment of a CPA firm’s system of quality control in accordance with the AICPA’s professional standards. It serves as an independent affirmation of a firm’s uncompromising commitment to industry-leading practices and its proven ability to consistently deliver precise, trustworthy, and high-quality services to clients. Audit Peak received a “Pass” rating, the highest possible outcome, demonstrating the firm’s dedication to excellence in accounting and auditing practices and its adherence to the SOC standards set by the AICPA, the national professional organization of CPAs.

“Achieving a successful peer review is a significant milestone that reflects our dedication to upholding the highest standards of quality and integrity,” said Chevorne Lewis, Compliance Officer at Audit Peak. “This accomplishment reinforces our team’s unwavering commitment to delivering exceptional compliance and audit solutions for organizations of all sizes and industries. Our clients can trust that every audit and SOC report we deliver meets the most rigorous professional standards in the industry—perfectly aligning with our mission of delivering Compliance at Its Peak.”

As Audit Peak continues to expand its reach and elevate its compliance offerings, this achievement further cements its reputation as a trusted leader in audit and risk advisory services. Clients can have full confidence in the firm’s expertise, track record of delivering exceptional results, and relentless commitment to integrity and professional excellence.

About Audit Peak

Audit Peak was founded and is operated by former PwC, EY, and KPMG professionals, delivering Big 4–level audit expertise with the agility and client-focused service of a boutique firm. The firm’s consultants have led hundreds of audits across industries and geographies, for organizations ranging from emerging startups and small businesses to Fortune 100 enterprises with workforces exceeding 200,000 employees. Audit Peak’s expertise spans both legacy environments and modern cloud platforms such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP).

The firm offers a comprehensive range of audit and compliance services, including SOC 1, SOC 2, HIPAA, NIST CSF, Agreed-Upon Procedures, MARS-E, Publication 1075, NIST 800-53, FISMA, GDPR, and GLBA audits. Audit Peak’s successful peer review reinforces its position as the trusted partner of choice for organizations seeking excellence in audit and compliance solutions.

For more information about Audit Peak and its services, please visit https://www.auditpeak.com.

Access Audit Peak’s Peer Review Report.

Media Contact:
Chevorne Lewis
Compliance Officer
Audit Peak
Email: compliance@auditpeak.com
Phone: 212-740-PEAK

View original content to download multimedia:https://www.prnewswire.com/news-releases/audit-peak-successfully-completes-aicpa-peer-review-302452924.html

SOURCE Audit Peak

DALLAS, May 12, 2025 /CNW/ — Tomorrow, AT&T’s chief operating officer will participate in a fireside chat where he will discuss the Company’s multi-year strategic growth plan.

Key Takeaways:

AT&T reiterates full-year 2025 financial and operational guidance.AT&T is pursuing a multi-year strategic growth plan that centers around putting customers first, continued network investment and increased capital returns to shareholders.

Jeff McElfresh, chief operating officer, AT&T Inc. (NYSE:T), will speak tomorrow at the 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference where he will provide an update to shareholders.

AT&T’s multi-year strategic growth plan will substantially advance its progress on becoming the best connectivity provider in America. The Company continues to differentiate its position within the connectivity industry by increasing its opportunity to serve customers how they want to be served, by one provider with fiber and 5G in a converged manner.

The wireless market remains both healthy and competitive, with the Company’s Mobility business continuing to perform in-line with the trends and expectations outlined during its first quarter 2025 earnings call.

In Consumer Wireline, the Company continues to expand access to AT&T Fiber – America’s fastest internet with the most reliable speeds.1 Trends in AT&T Fiber penetration rates remain consistent, with net adds varying from quarter to quarter based primarily on the pace of new fiber locations passed, seasonality and marketplace dynamics.

For the second quarter 2025, the Company continues to expect capital investment* in the $4.5 billion to $5 billion range and free cash flow* of approximately $4 billion.

AT&T reiterates all full-year 2025 financial and operational guidance. Additionally, the Company continues to operate the business to achieve the financial plan and capital returns outlined at its 2024 Analyst & Investor Day. 

AT&T remains committed to repurchasing shares under the previously announced $10 billion authorization, with plans to repurchase at least $3 billion of common stock by year-end and the remainder during 2026.

Full conference details are posted on the AT&T Investor Relations website, including a replay of the webcast. To automatically receive AT&T financial news by email, please subscribe to email alerts.

1 Limited availability in select areas. Based on analysis by Ookla® of Speedtest Intelligence® data nationwide Speed Score and Consistency Score for Q3–Q4 2024. Ookla trademarks used under license and reprinted with permission.

Cautionary Language Concerning Forward-Looking Statements
Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in AT&T’s filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise. This news release may contain certain non-GAAP financial measures. Reconciliations between the non-GAAP financial measures and the GAAP financial measures are available on the company’s website at investors.att.com.

About AT&T
We help more than 100 million U.S. families, friends and neighbors, plus nearly 2.5 million businesses, connect to greater possibility. From the first phone call 140+ years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. (NYSE:T), please visit us at about.att.com. Investors can learn more at investors.att.com.

© 2025 AT&T Intellectual Property. All rights reserved. AT&T and the Globe logo are registered trademarks of AT&T Intellectual Property.

View original content to download multimedia:https://www.prnewswire.com/news-releases/jeff-mcelfresh-to-update-shareholders-at-the-53rd-annual-jp-morgan-global-technology-media-and-communications-conference-on-may-13-302452810.html

SOURCE AT&T