Electro Rent Corp (ELRC) Misses Q2 EPS by 4c
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Electro Rent Reports Fiscal 2016 Second Quarter Financial Results
January 7, 2016 4:35 PM ESTVAN NUYS, Calif.--(BUSINESS WIRE)-- Electro Rent Corporation (Nasdaq: ELRC) today reported financial results for the fiscal second quarter ended November 30, 2015.
Our second quarter results reflected a complicated period of ongoing transition for Electro Rent. While we continued to work through the impact of the conclusion of our Keysight Technologies resale agreement, putting a new group of products in place and moving through the learning cycle has taken longer than we had expected. At the same time, we have been investing in support and development of our different strategy in... More
