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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 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 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...
FONAR Celebrates the 50th Anniversary of the Origination of the MRI
September 19, 2019 11:00 ET | Fonar Corporation
MELVILLE, N.Y., Sept. 19, 2019 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, celebrated a special anniversary on September 17, 2019: It was 50 years ago that...
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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 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...