Fonar Announces 2nd Quarter and Six Months Financial Results for Fiscal 2021
February 16, 2021 08:00 ET
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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...
Fonar Announces Financial Results For 1st Fiscal Quarter of 2021
November 12, 2020 07:01 ET
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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...
FONAR Announces Fiscal 2020 Financial Results
September 28, 2020 19:21 ET
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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...
FONAR Announces Fiscal 2020 2nd Quarter and Six Months Financial Results
February 10, 2020 07:05 ET
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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...
FONAR Announces First Quarter Sales Up 5% To $21.7 Million
November 12, 2019 16:53 ET
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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
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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...
FONAR Announces Year-End Earnings For Fiscal 2019
September 13, 2019 16:35 ET
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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...
FONAR Announces Fiscal 2019 3rd Quarter and Nine-Months Financial Results
May 13, 2019 07:00 ET
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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...
FONAR Announces Fiscal 2019 2nd Quarter and Six Months Financial Results
February 11, 2019 07:00 ET
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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
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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,...