Logo-FONAR_red.jpg
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...
Logo-FONAR_red.jpg
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...
Logo-FONAR_red.jpg
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...
Logo-FONAR_red.jpg
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...
Logo-FONAR_red.jpg
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...
Logo-FONAR_red.jpg
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...
Logo-FONAR_red.jpg
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...
Logo-FONAR_red.jpg
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...
FONAR Founder Raymond V. Damadian, M.D., Receives Medal of Honor for the Discovery and Invention of MRI, From the Chiari & Syringomyelia Foundation
December 06, 2018 08:40 ET | Fonar Corporation
MELVILLE, N.Y., Dec. 06, 2018 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ-FONR), Inventor of MR Scanning™, reported that its founder, chairman of the board and past president, Raymond V. Damadian,...