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Fonar Corp(FONR-Q)
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Fonar Announces Financial Results for the 1st Quarter of Fiscal 2025
Newsfile - Tue Nov 12, 6:04AM CST
Newsfile
Tue Nov 12, 6:04AM CST
Total MRI scan volume at the HMCA-managed sites increased 5% to 53,054 scans for the quarter ending September 30, 2024 versus the corresponding quarter one year earlier. Cash and cash equivalents decreased 4% to $54.2 million at September 30, 2024 as compared to the fiscal year-ended June 30, 2024.Total Revenues...
Fonar Announces Fiscal 2024 Financial Results
Newsfile - Fri Sep 27, 3:42PM CDT
Newsfile
Fri Sep 27, 3:42PM CDT
Total MRI scan volume at the HMCA-managed sites increased 11% to 209,327 scans for the fiscal year ending June 30, 2024 as compared to the prior year.Cash and Cash Equivalents increased 10% to $56.3 million at June 30, 2024 versus the previous fiscal year. Total Revenues - Net increased by...
Fonar Announces Fiscal 2024 Financial Results for 3rd Quarter and Nine-Month Period
Newsfile - Wed May 15, 6:36AM CDT
Newsfile
Wed May 15, 6:36AM CDT
Total MRI scan volume at the HMCA-managed sites increased 11% to 154,790 scans for the nine-month period ended March 31, 2024 as compared to the nine-month period ended March 31, 2023. Net Income increased 25% to $12.5 million for the nine-month period ended March 31, 2024 as compared to the...
Fonar Announces Six Months and 2nd Quarter Financial Results for Fiscal 2024
Newsfile - Wed Feb 14, 6:14AM CST
Newsfile
Wed Feb 14, 6:14AM CST
Total MRI scan volume at the HMCA-managed sites increased 13% to 101,990 scans for the six months ending December 31, 2023 versus the corresponding period one year earlier. Cash and cash equivalents and short-term investments increased 4% to $53.2 million at December 31, 2023, versus the fiscal year ended June...
Fonar Announces Financial Results for the 1st Quarter of Fiscal 2024
Newsfile - Tue Nov 14, 2023
Newsfile
Tue Nov 14, 2023
On September 13, 2022, the Company adopted a stock repurchase plan of up to $9 million. At September 30, 2023, the Company has purchased 146,359 shares at a cost of $2,473,215.Total MRI scan volume at the HMCA-managed sites increased 14% to 50,744 scans for the quarter ending September 30, 2023...
Fonar Announces Distributor Agreement with AIRS Medical, Leader in AI-Powered MRI Technology
Newsfile - Wed Nov 8, 2023
Newsfile
Wed Nov 8, 2023
Melville, New York--(Newsfile Corp. - November 8, 2023) -ย FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanningโ„ข, announces that it is now the exclusive distributor of SwiftMRโ„ข from AIRS Medical, Inc. to FONAR customers for use on their FONAR MRIs or on any other MRI scanner they own. AIRS...
FONAR Announces Financial Results for Fiscal 2023
Newsfile - Thu Sep 28, 2023
Newsfile
Thu Sep 28, 2023
On August 3, 2022, FONAR founder and The Father of MRI, Raymond V. Damadian, died at 86. At the time of his passing, Dr. Damadian was FONAR's Chairman of the Board. Timothy R. Damadian, FONAR's president and CEO since 2016 has been elected as Chairman of the Board.On September 13,...
Fonar Announces Financial Results for Fiscal 2023 3rd Quarter and Nine-Month Period
Newsfile - Mon May 15, 2023
Newsfile
Mon May 15, 2023
Total MRI scan volume at the HMCA-managed sites increased 7% to 49,451 scans for the quarter ended March 31, 2023 versus the corresponding quarter one year earlier. For the nine-month period ended March 31, 2023, 139,339 scans were performed as compared to 140,650 for the corresponding nine-month period one year...
FONAR Board of Directors Appoints Independent Director
Newsfile - Mon Mar 20, 2023
Newsfile
Mon Mar 20, 2023
Melville, New York--(Newsfile Corp. - March 20, 2023) - FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanning, today announced that its board of directors appointed Jessica Maher as a replacement independent director to a vacancy on the Company's board of directors and audit committee.Timothy Damadian, chairman, president and CEO...
Fonar Announces Six Months and 2nd Quarter Financial Results for Fiscal 2023
Newsfile - Tue Feb 14, 2023
Newsfile
Tue Feb 14, 2023
Total MRI scan volume at the HMCA-managed sites decreased 5% to 89,888 scans for the six months ending December 31, 2022 versus the corresponding period one year earlier. Cash and cash equivalents and short-term investments increased 2% to $49.5 million at December 31, 2022, versus the fiscal year ended June...
FONAR To Ring The Nasdaq Stock Market Closing Bell, As It Celebrates 50th Birthday of MRI
Globe NewsWire - Tue Mar 9, 2021
Globe NewsWire
Tue Mar 9, 2021
MELVILLE, N.Y., March 09, 2021 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanningโ„ข, will ring the Nasdaq Stock Market Closing Bell on March 9, 2021. Nasdaq and FONAR selected this day as it is 50 years since the...
Fonar Announces 2nd Quarter and Six Months Financial Results for Fiscal 2021
Globe NewsWire - Tue Feb 16, 2021
Globe NewsWire
Tue Feb 16, 2021
MELVILLE, N.Y., Feb. 16, 2021 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning โ„ข, reported today its financial results for the fiscal 2021 2nd Quarter and Six Months period ended December 31, 2020. FONARโ€™s...