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Fonar Announces Financial Results For 1st Fiscal Quarter of 2021
November 12, 2020 07:01 ET | Fonar Corporation
The negative impact of COVID-19 on scan volume at all MRI imaging centers managed by FONAR’s subsidiary, Health Management Company of America (HMCA), continued throughout the first quarter of fiscal...
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FONAR Announces Fiscal 2020 Financial Results
September 28, 2020 19:21 ET | Fonar Corporation
COVID-19 continued to affect imaging center scan volumes in Q4. However, the Company recovered to nearly 75% of pre-COVID-19 levels by the end of Q4.Total MRI scan volume at the HMCA-managed sites...
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FONAR Announces Fiscal 2020 2nd Quarter and Six Months Financial Results
February 10, 2020 07:05 ET | Fonar Corporation
Total MRI scan volume at the HMCA-managed sites increased 5% to approximately 94,000 scans, as compared to the same six month period ending December 31, 2018 of approximately 89,000 scans.The 35th...
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FONAR Announces First Quarter Sales Up 5% To $21.7 Million
November 12, 2019 16:53 ET | Fonar Corporation
Total Revenues-Net increased by 5% to $21.7 million for the quarter ended September 30, 2019, versus same quarter one year earlier.Income from Operations remained approximately the same at $5.5...
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FONAR Announces Year-End Earnings For Fiscal 2019
September 13, 2019 16:35 ET | Fonar Corporation
Cash and cash equivalents and Short term investments increased by 48% to $29.0 million during the fiscal year ended June 30, 2019.Total Revenues-Net increased by 7% to $87.2 million for the fiscal...
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FONAR Announces Annual Meeting and Shareholder Letter
April 10, 2019 08:00 ET | Fonar Corporation
MELVILLE, N.Y., April 10, 2019 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, reported today it is holding its annual shareholder meeting on May 20, 2019, in...
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FONAR Announces Fiscal 2019 2nd Quarter and Six Months Financial Results
February 11, 2019 07:00 ET | Fonar Corporation
Total Revenues – Net, increased 6% to $41.9 million, for the six month period ended December 31, 2018, versus same six month period during prior year.Income from Operations increased 9% to $11.5...
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FONAR Announces Financial Results for Fiscal 2018 3rd Quarter and Nine-Months
May 10, 2018 08:00 ET | Fonar Corporation
Total Revenues – Net increased 6% to $60.5 million, for the nine-month period ended March 31, 2018, versus same period during prior year.Income from Operations decreased 2% to $15.0 million, for the...
FONAR Celebrates Two Milestones: the 40th Birthday of the MRI Industry and the Impact of Joining the Russell 3000® Index
July 10, 2017 07:30 ET | FONAR Corporation
MELVILLE, N.Y., July 10, 2017 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ:FONR), The Inventor of MR Scanning™, celebrates the 40th  anniversary of the world’s first MRI picture, by FONAR’s...
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FONAR Announces Latest Income-Boosting Transaction
June 20, 2017 07:30 ET | FONAR Corporation
MELVILLE, N.Y., June 20, 2017 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ:FONR), The Inventor of MR Scanning™, reported today that Health Management Company of America (HMCA), of which FONAR is...