Fonar Corporation (FONR)
|Net Income (ttm)||7.01M|
|Trading Day||March 8|
|Day's Range||19.74 - 20.23|
|52-Week Range||11.00 - 26.49|
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...
Benjamin Graham, the father of value investing and author of "The Intelligent Investor," advised value investors to screen for stocks whose "Graham blended multiplier" stood below 22.5. Such s...
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...
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...
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 Richar...
FONAR Announces Fiscal 2020 3rd Quarter and Nine Months Financial Results; Company Balance Sheet Remains Strong Amid COVID-19 Crisis
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...
Fonar Is A Perfect Example For The Magic Formula
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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 ag...
Fonar is trading at a cheap valuation given its current earning power.
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...]
|IPO Date |
Jan 1, 1987
|Stock Exchange |
|Ticker Symbol |
In 2020, FONR's revenue was $85.69 million, a decrease of -1.72% compared to the previous year's $87.19 million. Earnings were $8.24 million, a decrease of -46.20%.