Electro Rent Reports Rise in 1st-Quarter Net Income

Electro Rent Corp., Van Nuys, announced that net income for the first quarter of fiscal 2000 ended Aug. 31, increased to $6.5 million from $3.8 million for the same period this year. Revenues dipped slightly to $62.8 million, compared with $72.6 million.

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