Fonar Corporation (FONR)

NASDAQ: FONR · IEX Real-Time Price · USD
14.98
+0.06 (0.40%)
Aug 8, 2022 4:30 PM EDT - Market closed
0.40%
Market Cap 100.10M
Revenue (ttm) 97.48M
Net Income (ttm) 10.26M
Shares Out 6.68M
EPS (ttm) 1.54
PE Ratio 9.73
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 7,593
Open 14.90
Previous Close 14.92
Day's Range 14.87 - 15.18
52-Week Range 14.24 - 19.32
Beta 0.76
Analysts n/a
Price Target n/a
Earnings Date Sep 26, 2022

About FONR

FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases in the United States. The company operates through two segments, Medical Equipment segment, and Physician Management and Diagnostic services segment. It provides Upright MRI scanner that allows patients to be scanned in weight-bearing conditions, such as standing, sitting, bending, or lying down. The company offers non-medical management,... [Read more...]

Industry Health Care Equipment & Supplies
IPO Date Jan 1, 1987
Employees 495
Stock Exchange NASDAQ
Ticker Symbol FONR
Full Company Profile

Financial Performance

In 2021, Fonar's revenue was $89.93 million, an increase of 4.95% compared to the previous year's $85.69 million. Earnings were $10.21 million, an increase of 23.88%.

Financial Statements

News

Raymond Vahan Damadian, the Father of MRI, Chairman and Founder of FONAR Corporation, Dies at 86

Melville, New York--(Newsfile Corp. - August 5, 2022) - FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanning™, reported today the passing of Founder and Chairman Raymond V. Damadian, MD on Augu...

Fonar Board of Directors Appoints Independent Director

Melville, New York--(Newsfile Corp. - November 23, 2021) - FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanning, today announced that on November 17, 2021, its board of directors appointed John...

FONAR Subsidiary, HMCA, Expands with Acquisition in Yonkers, New York

Melville, New York--(Newsfile Corp. - March 31, 2021) - FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanning™, announced today that it has acquired a Stand-Up® MRI facility in Yonkers, New York...

FONAR To Ring The Nasdaq Stock Market Closing Bell, As It Celebrates 50th Birthday of MRI

MELVILLE, N.Y., March 09, 2021 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, will ring the Nasdaq Stock Market Closing Bell on March 9, 2021. Nasdaq and FONAR select...

Fonar Announces Financial Results For 1st Fiscal Quarter of 2021

MELVILLE, N.Y., Nov. 12, 2020 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, reported today its financial results for the first quarter of fiscal 2021 which ended Sep...

FONAR Announces Fiscal 2020 Financial Results

MELVILLE, N. Y., Sept. 28, 2020 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, reported today its fiscal 2020 results. FONAR’s primary source of income is attributa...

FONAR Set to Join Russell 3000 and 2000 Indexes

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, as ...

FONAR Announces Fiscal 2020 3rd Quarter and Nine Months Financial Results; Company Balance Sheet Remains Strong Amid ...

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 have 38 MRI sc...

3 Medical Companies With the Strength to Weather Coronavirus Fears

As investors continue grappling with coronavirus fears, three medical companies with high financial strength and trading below Peter Lynch’s valuation line of 15 times earnings are Bio-Rad Industries Inc.

Other symbols: BIOCO

FONAR Celebrates the 50th Anniversary of the Origination of the MRI

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 Ray...