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ELECTRO-SENSORS REPORTS THIRD QUARTER EARNINGS

 ELECTRO-SENSORS REPORTS THIRD QUARTER EARNINGS
 EDEN PRAIRIE, Minn., Oct. 22 /PRNewswire/ -- Electro-Sensors, Inc.


(NASDAQ-NMS: ELSE), sales for the third quarter and first nine months of 1992 increased 5.0 percent and 1.4 percent respectively. The increase in sales for the quarter was attributed almost equally by both the Speed Monitoring Systems and the Drive Control Systems units of the company.
 Electro-Sensors, Inc. is engaged in two business lines. It is engaged in the production and sale of electronic production monitoring systems through its Controls Division and in the manufacture and sale of small gas torches through its Microflame subsidiary.
 Electro-Sensors, Inc. stock is traded on the NASDAQ National Market System under the symbol ELSE.
 ELECTRO-SENSORS, INC. AND SUBSIDIARIES
 Consolidated Condensed Statement of Income
 (Unaudited)
 Three Months Ended Nine Months Ended
 9/30/92 9/30/91 9/30/92 9/30/91
 Net sales $1,243,785 $1,184,622 $3,621,860 $3,573,174
 Cost and expenses:
 Cost of sales 528,394 575,736 1,592,963 1,628,254
 Operating expenses 500,972 472,697 1,629,777 1,415,711
 -- 1,029,366 1,048,433 3,222,740 3,043,965
 Operating income 214,419 136,189 399,120 529,209
 Other income 12,490 53,906 118,398 198,768
 Income before income taxes 226,909 190,095 517,518 727,977
 Provision for income taxes 83,050 70,100 190,050 267,700
 Net income $143,859 $119,995 $327,468 $460,277
 Average shares
 outstanding 1,903,850 1,861,649 1,919,315 1,853,660
 Earnings per common and
 common equivalent share $.07 $.07 $.17 $.25
 ELECTRO-SENSORS, INC. AND SUBSIDIARIES
 Consolidated Condensed Balance Sheet
 (Unaudited)
 ASSETS 9/30/92 12/31/91
 Current assets $5,942,231 $5,786,983
 Note receivable 125,356 97,541
 Property and equipment, net 191,175 191,445
 -- $6,258,762 $6,075,969
 LIABILITIES AND SHAREHOLDERS' EQUITY
 Current liabilities $320,950 $466,001
 Deferred income tax credits 2,600 2,600
 Shareholders' equity $5,935,212 $5,607,368
 -- $6,258,762 $6,075,969
 -0- 10/22/92
 /CONTACT: James P. Slattery, president, or Mark D. Laumann, comptroller, 612-941-8171, both of Electro-Sensors/
 (ELSE) CO: Electro-Sensors, Inc. ST: Minnesota IN: CPR SU: ERN


AL -- MN021 -- 3839 10/22/92 16:35 EDT
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Publication:PR Newswire
Date:Oct 22, 1992
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