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  September 5, 2001
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Home > Company Index > Financial Services > Leasing > Electro Rent Corporation

Electro Rent Corporation
Nasdaq: ELRC
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 PROFILE
Electro Rent doesn't rent electricity -- it rents things that run on electricity, such as computers and state-of-the-art research equipment, to major companies in the aerospace, defense, and electronics industries. The company's equipment suppliers include Apple, Compaq, Dell, Hewlett-Packard, IBM, and Toshiba. In addition to computers and workstations, Electro Rent offers server rentals. The firm is expanding its telecommunications rental stock and plans to offer wireless communication and fiber-optic applications. It also sells its used equipment. Electro Rent operates 25 service and support centers in 18 states in the US and also in Canada. Chairman Daniel Greenberg and his family own 16% of the company.

 COMPETITION
General Electric Capital Corporation (dossier)
Hewlett-Packard Company (HWP)

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 FINANCIAL OVERVIEW
Fiscal Year-End: May
2000 Sales (mil.): 241.80
1-Yr. Sales Growth: (10.3)%
Employees: 654
Revenue per employee: $369,724.77

 KEY PEOPLE
• Daniel Greenberg
    CEO
• Craig R. Jones
    CFO

 CONTACT INFO
6060 Sepulveda Blvd.
Van Nuys, CA 91411
US
Phone: 818-786-2525
Fax: 818-786-4354
Online: Web Site

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