Electro Rent Reports Increase in Net Income

Electro Rent Corp. of Van Nuys reported net income for the second quarter ended Nov. 30 increased 42% to $8.7 million, compared with net income of $6.1 million for the same period last year. Revenue dipped to $54.5 million from $61.5 million.

Electro Rent Corp. provides short-term rental and leasing of personal computers, workstations and electronic test equipment.