Emerson Radio Corp.


MSN

Price

0.88


Change

-0.0603


High

0.9367


Low

0.88


Avg Volume

148,628


PE Ratio

-5.38


52 Week High

2.6


52 Week Low

0.8132



Profile

Emerson Radio Corporation is one of the United States' largest volume consumer electronics distributors and has a recognized trademark in continuous use since 1912. The company designs, markets, and licenses many product lines worldwide, including products sold, and sometimes licensed, under the brand name G Clef, an homage to Emerson's logo. Emerson Radio Corp. was incorporated in 1915 as Emerson Phonograph Co. , based in New York City, by an early recording engineer and executive, Victor Hugo Emerson, who was at one time employed by Columbia Records. The first factories were opened in Chicago and Boston in 1920. In December of that year, the company fell victim to the sales slump which affected the entire phonograph industry caused by the post-World War I recession and the growth of the rapidly expanding commercial radio industry in the early 1920s. The company quickly went from the self-claimed third largest US record manufacturer into receivership.


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