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Fonar Announces 2nd Quarter and Six Months Financial Results for Fiscal 2021
February 16, 2021 08:00 ET | Fonar Corporation
The 38th HMCA-managed MRI scanner recently became operational at the White Plains, New York scanning center.The COVID-19 pandemic continues to be a hindrance to business. Total Revenues-Net decreased...
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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 Set to Join Russell 3000 and 2000 Indexes
June 25, 2020 07:00 ET | Fonar Corporation
MELVILLE, N. Y., June 25, 2020 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, reported today that upon the opening of U.S. markets on June 29, 2020, FONAR will,...
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FONAR Board of Directors Appoints Independent Director
June 09, 2020 08:01 ET | Fonar Corporation
MELVILLE, N.Y., June 09, 2020 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, today announced that on June 4, 2020, its board of directors appointed Richard E....
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FONAR Announces Fiscal 2020 3rd Quarter and Nine Months Financial Results; Company Balance Sheet Remains Strong Amid COVID-19 Crisis
May 11, 2020 20:50 ET | Fonar Corporation
COVID-19 drastically affects imaging center scan volumes and delays installations of two MRI scanners until 1st Quarter of Fiscal 2021. Upon their completion, FONAR subsidiary, HMCA, will...
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FONAR Announces Fiscal 2019 3rd Quarter and Nine-Months Financial Results
May 13, 2019 07:00 ET | Fonar Corporation
Total Revenues – Net increased 9% to $22.8 million, for the third quarter and 7% to $64.7 million for the nine-month period ended March 31, 2019, versus same period during prior year.Income from...
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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 1st Quarter Financial Results For Fiscal 2019
November 08, 2018 16:15 ET | Fonar Corporation
Income from Operations increased 16% to $5.5 million, for the quarter ended September 30, 2018, versus same quarter one year earlier.Net Income decreased by 2% to $4.5 million for the quarter ended...