Fonar Corp. (FONR) news stock charts
Fonar Corp. (FONR) Investment Summary:
FONAR Corporation engages in the design, manufacture, sale, and service of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases. It provides Stand-Up/Upright MRI scanners, which allows patients to be scanned in a weight-bearing condition, such as standing, sitting, or bending in any position that causes symptoms; and FONAR 360 MRI scanner, a diagnostic scanner. The company also provides management services, including development; administration; leasing of office space, facilities, and medical equipment; provision of supplies; staffing and supervision of non-medical personnel; legal services; accounting, billing, and collection; and the development and ...www.fonar.com
292 Employees
Founded in 1978
FONAR CORP (FONR:NASDAQ)
LAST $1.37 USD
CHANGE TODAY -0.0599 -4.19%
VOLUME 2.8K
As of 10:58 AM 03/16/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of FONAR CORP (FONR)
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OPEN
$1.47
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PREVIOUS CLOSE
$1.43
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DAY HIGH
$1.49
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DAY LOW
$1.37
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52 WEEK HIGH
10/6/09 - $4.60
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52 WEEK LOW
03/16/09 - $0.67
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MARKET CAP
7.3M
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AVERAGE VOLUME 10 D
12.4K
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EPS TTM
$-0.59
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SHARES OUTSTANDING
4.9M
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EX-DATE
03/17/99
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P/E TTM
--
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DIVIDEND
--
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DIVIDEND YIELD
0.00%
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| K = Thousands M = Millions B = Billions | ||
Key developments for FONAR CORP (FONR)
Fonar Corp. Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended December 31, 2009
02/22/2010
Fonar Corp. announced unaudited consolidated financial results for the second quarter and six months ended December 31, 2009. Total revenues for the second quarter of fiscal 2010 were $8.2 million as compared to $11.3 million for the same period last year. During the second quarter, net loss was $1.3 million compared to a profit of $800,000 during the corresponding quarter ended December 31, 2008. The loss per basic and diluted share for the second fiscal quarter was $0.26 compared to a profit per basic and diluted share of $0.16 during the same period one year earlier. Loss from operations was $1.2 million against income of $0.7 million last year. Total revenues for the six months were $15.7 million as compared to $18.1 million for the same period last year. The net loss for the six months period was $3.0 million as compared to a net income of $300,000 during the same period one year earlier. Loss from operations was $2.6 million against $1.1 million last year. Diluted loss per share was $0.62 against diluted income per share of $0.07 last year.
Fonar Corp. announced delayed 10-Q filing
02/17/2010
On 02/17/2010, Fonar Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Fonar Sells Third Fonar Upright Multi-Position MRI to the Center for Diagnostic Imaging
12/17/2009
Fonar Corp. announced that the Center for Diagnostic Imaging (CDI) has purchased a third FONAR UPRIGHT(R) Multi-Position(TM) MRI. It is scheduled to be installed in CDI's OpenScan MRI center in Duluth, Minnesota, replacing the current low-field open-sided MRI scanner in that center. There are many other reasons to select the UPRIGHT(R) MRI. The scanner is comfortable, accommodates patients up to 500 lbs. and those who suffer from claustrophobia. There are also patients who can't lie down for any procedure and must be scanned upright. Dynamic imaging views by this technology can be obtained by scanning the spine in the various positions of flexion, extension or lateral bending.
Fonar Corp. financial resources
FONR Competitors
| Company | Last | Change |
| General Electric Co | $17.69 USD | +0.3999 |
| Imaging3 Inc | $0.69 USD | -0.02 |
| Koninklijke Philips Electronics NV | €23.99 EUR | +0.185 |
| Siemens AG | €69.62 EUR | +1.91 |
| Toshiba Corp | ¥430.00 JPY | -2.00 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | FONR | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.2x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.1x |
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FONR |
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FONR transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent Financial News About Fonar Corp.
FONAR CORP Files SEC form 8-K, Results of Operations and Financial Condition
2010-02-24 05:49:03
Quote: FONAR CORPRequest a Trial to NEW EDGAR Online Pro
Form
8-K for
FONAR CORP
23-Feb-2010Results of Operations and Financial ConditionPrivacy PolicyAbout Our AdsTerms of ServiceCopyright/IP PolicySend FeedbackSEC
Filing data and information provided by EDGAR Online,
Inc.
(1-800-416-6651). All information provided "as is"
for informational purposes
only, not intended for trading purposes or advice.
Neither Yahoo! nor any of
independent providers is liable for any informational
errors, incompleteness,...Read article
FONAR Announces Financial Results for Second Quarter of Fiscal 2010
2010-02-24 05:49:03
Quote: In addition, product sales for the six month period ended
December 31, 2009 were $4.5 million as compared to $5.8 million for the
same period last year.Service and repair revenues for the second fiscal 2010 quarter ended
December 31, 2009, were $2.7 million as compared to $2.7 million for the
same period last year.Service and repair revenues for the six month
period ended December 31, 2009 were $5.5 million as compared to $5.3
million during the same period during the previous year.As of Decembe...Read article
FONAR Announces Financial Results for Second Quarter of Fiscal 2010
2010-02-23 02:46:08
Quote: In addition, product sales for the six month period ended
December 31, 2009 were $4.5 million as compared to $5.8 million for the
same period last year.Service and repair revenues for the second fiscal 2010 quarter ended
December 31, 2009, were $2.7 million as compared to $2.7 million for the
same period last year.Service and repair revenues for the six month
period ended December 31, 2009 were $5.5 million as compared to $5.3
million during the same period during the previous year.As of Decembe...Read article
FONAR CORP Files SEC form 10-Q, Quarterly Report
2010-02-23 02:46:07
Quote: In
light of the significant uncertainties inherent in the forward-looking statement
included herein,the inclusion of such informationshould not be regarded as a
representationby us or any other person that ourobjectives and plans will be
achieved.
Results of Operations
We operate in two industrysegments:themanufacture and servicing of medical
(MRI) equipment,our traditional business which is conducted directly by Fonar,
anddiagnosticfacilitiesmanagementservices,which isconductedthrough
Fonar's...Read article
NASDAQ Continues to Review FONAR's Compliance With Listing Requirements
2010-02-15 05:55:12
Quote: FONRNews) today
announced that the NASDAQ Listing and Hearing Review Council (the "Listing
Council") is continuing to review whether FONAR, which filed its Form 10-K
for the fiscal year, June 30, 2009, is now in compliance with NASDAQ's
continued listing requirements.A decision is expected shortly. The
Company intends to make an announcement upon receipt of NASDAQ's final
determination.www.fonar.com.UPRIGHT� and STAND-UP� are registered trademarks and The Inventor of MR
Scanning(TM), p...Read article
FONAR Deemed Compliant With All NASDAQ Capital Market Listing Standards; FONAR Complies With NASDAQ Marketplace Rule 5250(b)(2)
2010-02-15 05:55:11
Quote: FONRNews), The
Inventor of MR Scanning(TM), today announced that the NASDAQ Stock Market
has notified FONAR that it complies with all NASDAQ Capital Market
continued listing standards.Specifically, the Company satisfies NASDAQ
Listing Rule 5550(b)(3) whichrequires the Company to have a minimum
$500,000 of net income from continuing operations in the latest fiscal
year.www.fonar.com/news/100509.htm for details.)This announcement does not represent any change or amendment to the
Company's fiscal y...Read article
Beacon Equity Issues Technical Trading Overview for Fonar Corp.
2010-02-15 05:55:11
Quote: The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
FONRNewsMDTNewsSTJNewsZMHNews).
http://www.beaconequity.com/i/FONR
http://twitter.com/BeaconEquity
Fonar Corp. (FONR) operates in two business segments: medical equipment segment, and physician management and diagnostic services segment. FONR is engaged in the business of designing, manufacturing, selling and servicing magnetic resonanc...Read article
FONAR Continues Growth With Two New Sales of Its UPRIGHT Multi-Position MRI to U.S. Medical Practices
2010-02-15 05:55:10
Quote: FONRNews) announced
today two recent sales of its UPRIGHT� Multi-Position(TM) MRI scanners.
Both sales were to private medical practices that choose to remain
anonymous for competitive reasons.Raymond Damadian, president and founder of FONAR said, "We are pleased to
have two more medical practices purchase the UPRIGHT� MRI.These
practices recognize that there is no other acceptable way to image the
spine.It is also encouraging to note that they purchased the UPRIGHT�
MRI despite w...Read article
FONAR Sells Third FONAR UPRIGHT Multi-Position MRI to the Center for Diagnostic Imaging (CDI)
2010-02-15 05:55:09
Quote: FONRNews), The Inventor
of MR Scanning, announced today that the Center for Diagnostic Imaging
(CDI) (Minneapolis, MN) has purchased a third FONAR UPRIGHT�
Multi-Position(TM) MRI. It is scheduled to be installed in CDI's OpenScan
MRI center in Duluth, Minnesota, replacing the current low-field open-sided
MRI scanner in that center."This is the first and only FONAR UPRIGHT� Multi-Position(TM) MRI scanner
in Northern Minnesota," said Rick Long, Regional Vice President, Minnesota.
"With o...Read article
FONAR Announces Financial Results for First Quarter of Fiscal 2010
2010-02-15 05:55:09
Quote: The loss from
operations improved 23% from a loss of $1.8 million, for the fiscal quarter
ended September 30, 2008, to a loss of $1.4 million for the fiscal quarter
ended September 30, 2009.The net loss for the first fiscal 2010 quarter ended September 30, 2009 was
$1.7 million including a charge of $0.4 million due to prepayment of a note
receivable.This compared to the fiscal quarter one year earlier, ended
September 30, 2008, which was a loss of $0.5 million but included a gain of
$1.4 millio...Read article
FONAR Sells Third FONAR UPRIGHT Multi-Position MRI to the Center for Diagnostic Imaging (CDI)
2009-12-22 02:13:56
Quote: FONRNews), The Inventor
of MR Scanning, announced today that the Center for Diagnostic Imaging
(CDI) (Minneapolis, MN) has purchased a third FONAR UPRIGHT�
Multi-Position(TM) MRI. It is scheduled to be installed in CDI's OpenScan
MRI center in Duluth, Minnesota, replacing the current low-field open-sided
MRI scanner in that center."This is the first and only FONAR UPRIGHT� Multi-Position(TM) MRI scanner
in Northern Minnesota," said Rick Long, Regional Vice President, Minnesota.
"With o...Read article
NASDAQ Continues to Review FONAR's Compliance With Listing Requirements
2009-11-30 05:25:46
Quote: FONRNews) today
announced that the NASDAQ Listing and Hearing Review Council (the "Listing
Council") is continuing to review whether FONAR, which filed its Form 10-K
for the fiscal year, June 30, 2009, is now in compliance with NASDAQ's
continued listing requirements.A decision is expected shortly. The
Company intends to make an announcement upon receipt of NASDAQ's final
determination.www.fonar.com.UPRIGHT� and STAND-UP� are registered trademarks and The Inventor of MR
Scanning(TM), p...Read article
Beacon Equity Issues Technical Trading Overview for Fonar Corp.
2009-11-30 05:25:45
Quote: The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
FONRNewsMDTNewsSTJNewsZMHNews).
http://www.beaconequity.com/i/FONR
http://twitter.com/BeaconEquity
Fonar Corp. (FONR) operates in two business segments: medical equipment segment, and physician management and diagnostic services segment. FONR is engaged in the business of designing, manufacturing, selling and servicing magnetic resonanc...Read article
FONAR Continues Growth With Two New Sales of Its UPRIGHT Multi-Position MRI to U.S. Medical Practices
2009-11-30 05:25:44
Quote: FONRNews) announced
today two recent sales of its UPRIGHT� Multi-Position(TM) MRI scanners.
Both sales were to private medical practices that choose to remain
anonymous for competitive reasons.Raymond Damadian, president and founder of FONAR said, "We are pleased to
have two more medical practices purchase the UPRIGHT� MRI.These
practices recognize that there is no other acceptable way to image the
spine.It is also encouraging to note that they purchased the UPRIGHT�
MRI despite w...Read article
FONAR Deemed Compliant With All NASDAQ Capital Market Listing Standards; FONAR Complies With NASDAQ Marketplace Rule 5250(b)(2)
2009-11-30 05:25:44
Quote: FONRNews), The
Inventor of MR Scanning(TM), today announced that the NASDAQ Stock Market
has notified FONAR that it complies with all NASDAQ Capital Market
continued listing standards.Specifically, the Company satisfies NASDAQ
Listing Rule 5550(b)(3) whichrequires the Company to have a minimum
$500,000 of net income from continuing operations in the latest fiscal
year.www.fonar.com/news/100509.htm for details.)This announcement does not represent any change or amendment to the
Company's fiscal y...Read article
FONAR CORP Files SEC form 8-K, Results of Operations and Financial Condition
2009-11-30 05:25:43
Quote: FONAR CORPRequest a Trial to NEW EDGAR Online Pro
Form
8-K for
FONAR CORP
23-Nov-2009Results of Operations and Financial ConditionPrivacy PolicyTerms of ServiceCopyright/IP PolicySend FeedbackSEC
Filing data and information provided by EDGAR Online,
Inc.
(1-800-416-6651). All information provided "as is"
for informational purposes
only, not intended for trading purposes or advice.
Neither Yahoo! nor any of
independent providers is liable for any informational
errors, incompleteness,
or delays, o...Read article
FONAR Announces Financial Results for First Quarter of Fiscal 2010
2009-11-30 05:25:43
Quote: The loss from
operations improved 23% from a loss of $1.8 million, for the fiscal quarter
ended September 30, 2008, to a loss of $1.4 million for the fiscal quarter
ended September 30, 2009.The net loss for the first fiscal 2010 quarter ended September 30, 2009 was
$1.7 million including a charge of $0.4 million due to prepayment of a note
receivable.This compared to the fiscal quarter one year earlier, ended
September 30, 2008, which was a loss of $0.5 million but included a gain of
$1.4 millio...Read article
FONAR CORP Files SEC form 10-K/A, Annual Report
2009-11-30 05:25:43
Quote: MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATION.
INTRODUCTION.
Fonar was formed in 1978 to engage in the business ofdesigning,manufacturing
and selling MRI scanners. In 1997, we formed a wholly-ownedsubsidiary,Health
Management Corporation of America, also referred to as "HMCA", formerly known as
U.S. HealthManagementCorporation,in order to expand into the physician and
diagnostic management services business.
Fonar'sprincipalMRIproducts are it...Read article
Fonar Shares Drop on Volume Spike
2009-11-30 05:25:42
Quote: (TheStreet) -- Fonar Corp. (FONR Quote) shares tumbled Monday on above-average volume after the medical equipment maker reported a third-quarter loss that swelled from a year earlier.Fonar reported a fiscal first-quarter net loss of $1.74 million, or 35 cents a share, widening from the year-ago loss of $450,000, or 9 cents a share. Revenue climbed 10% from the year-ago period to $7.49 million. According to Thomson Reuters, there are no analyst targets for the company.Fonar reported full-year 200...Read article
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