Electro Rent Net Income Down to $6.9 Million

Electro Rent Corp., Van Nuys, announced a decrease in net income to $6.9 million for the fourth quarter ended May 31 compared with a net income of $7.5 million for the same period last year. Revenues decreased to $63.3 million compared with $80.9 million.

Electro Rent leases personal computers, workstations and general-purpose electronic test equipment.