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Fonar

15.85

-0.2900-1.80%

Post-market: 16.160.3100+1.96%17:28 EDT

Volume:43.68K

Turnover:695.55K

Market Cap:99.79M

PE:12.42

High:16.10

Open:16.10

Low:15.81

Close:16.14

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Overview Company News Filings

Fonar Gets Buyout Offer From Group Led by CEO

Fonar CEO Proposes Acquisition to Buy Outstanding Shares

Fonar Corp - Receives Acquisition Proposal From Group Led by CEO Timothy Damadian - SEC Filing

THOMSON REUTERS

Fonar Corp - Price per Share Anticipated at 10% Premium to Average Closing - SEC Filing

THOMSON REUTERS

Fonar Board of Directors Announces Receipt of Non-Binding “Take Private” Proposal

THOMSON REUTERS

FONAR Corporation Receives Non-Binding Proposal for "Take Private" Acquisition by Management-Led Group

Fonar trading halted, news pending

FONAR Corporation Appoints Robert M. Carrino as Independent Director, Continuing Board Evolution

Fonar Corporation Announces Retirement of Board Member and Secretary Claudette J.V. Chan

Fonar Corporation Reports Strong Earnings Growth in Q1 2025

Fonar Holds Annual Stockholders Meeting and Elections

Fonar Corporation Concluded Annual Stockholders Meeting

Fonar Corporation Reports 6% Increase in Net Revenues and 25% Rise in Net Income for Q3 Fiscal 2025; EPS Up 37%

Fonar Q3 EPS $0.37 Up From $0.27 YoY, Sales $27.16M Up From $25.72M YoY

Fonar Corporation Reports 6% Revenue Increase and 37% EPS Growth in Q3 Fiscal 2025; Net Income Rises 25%

Fonar Corporation Q3 Operating Income USD 3.7 Million

THOMSON REUTERS

FONR Stock Declines After Q2 Earnings, Revenue and Net Income Fall

Fonar: Fiscal Q2 Earnings Snapshot

Associated Press Finance

Fonar Q2 EPS $0.30 Down From $0.54 YoY, Sales $24.95M Down From $25.39M YoY

Fonar Corporation Q2 Net Income USD 2.4 Million

THOMSON REUTERS

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It currently owns about 5% of Fonar's outstanding stock, the company said.Fonar's board has established a special committee of independent and disinterested board directors to review the proposal, the company said.","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FONR","BK4082"],"gpt_icon":0},{"id":"2550666632","title":"Fonar CEO Proposes Acquisition to Buy Outstanding Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=2550666632","media":"TIPRANKS","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2550666632?lang=en_us&edition=fundamental","pubTime":"2025-07-10 05:28","pubTimestamp":1752096504,"startTime":"0","endTime":"0","summary":"Fonar ( ($FONR) ) has shared an update. On July 9, 2025, FONAR Corporation announced a proposal from CEO Timothy Damadian for a potential acquisiti...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/fonar-ceo-proposes-acquisition-to-buy-outstanding-shares?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/fonar-ceo-proposes-acquisition-to-buy-outstanding-shares?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["FONR","BK4082"],"gpt_icon":0},{"id":"2550665432","title":"Fonar Corp - Receives Acquisition Proposal From Group Led by CEO Timothy Damadian - SEC Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2550665432","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2550665432?lang=en_us&edition=fundamental","pubTime":"2025-07-10 05:09","pubTimestamp":1752095381,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250709:nFWN3T60MZ:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["FONR","BK4082"],"gpt_icon":0},{"id":"2550659146","title":"Fonar Corp - Price per Share Anticipated at 10% Premium to Average Closing - SEC Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2550659146","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2550659146?lang=en_us&edition=fundamental","pubTime":"2025-07-10 05:09","pubTimestamp":1752095381,"startTime":"0","endTime":"0","summary":null,"market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250709:nFWN3T60MZ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["FONR","BK4082"],"gpt_icon":0},{"id":"2550651026","title":"Fonar Board of Directors Announces Receipt of Non-Binding “Take Private” Proposal","url":"https://stock-news.laohu8.com/highlight/detail?id=2550651026","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2550651026?lang=en_us&edition=fundamental","pubTime":"2025-07-10 05:09","pubTimestamp":1752095381,"startTime":"0","endTime":"0","summary":null,"market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250709:nFWN3T60MZ:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4082","FONR"],"gpt_icon":0},{"id":"2550665507","title":"FONAR Corporation Receives Non-Binding Proposal for \"Take Private\" Acquisition by Management-Led Group","url":"https://stock-news.laohu8.com/highlight/detail?id=2550665507","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2550665507?lang=en_us&edition=fundamental","pubTime":"2025-07-10 05:03","pubTimestamp":1752094981,"startTime":"0","endTime":"0","summary":"FONAR Corporation, known as the inventor of MR Scanning, has announced that its board of directors received a preliminary, non-binding proposal from a Proposed Acquisition Group. This group, led by Timothy Damadian and involving certain members of FONAR's management team and board, along with third parties, intends to acquire all outstanding capital stock of FONAR not currently owned by them. The offer suggests a purchase price at a premium of no less than 10% above the average closing market price of FONAR's common stock over the 90 trading days leading up to July 1, 2025. Currently, the Proposed Acquisition Group owns approximately 5.01% of FONAR's stock. A special committee of independent and disinterested board members has been formed to review this proposal.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes on","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250709:nNDL1m8vmn:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4082","FONR"],"gpt_icon":0},{"id":"2550665602","title":"Fonar trading halted, news pending","url":"https://stock-news.laohu8.com/highlight/detail?id=2550665602","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2550665602?lang=en_us&edition=fundamental","pubTime":"2025-07-10 04:55","pubTimestamp":1752094512,"startTime":"0","endTime":"0","summary":"16:55 EDT Fonar (FONR) trading halted, news pending Published first on TheFly – the ultimate source for real-time, market-moving breaking financial...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/fonar-trading-halted-news-pending-thefly?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/fonar-trading-halted-news-pending-thefly?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4082","FONR"],"gpt_icon":0},{"id":"2548481724","title":"FONAR Corporation Appoints Robert M. Carrino as Independent Director, Continuing Board Evolution","url":"https://stock-news.laohu8.com/highlight/detail?id=2548481724","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2548481724?lang=en_us&edition=fundamental","pubTime":"2025-07-03 04:10","pubTimestamp":1751487046,"startTime":"0","endTime":"0","summary":"Fonar Corporation has appointed Robert M. Carrino as an independent director on its board, replacing Claudette J.V. Chan, who recently retired. Carrino, a partner at CFGI, LLC, brings extensive public accounting experience to the company. Fonar's chairman and CEO, Timothy Damadian, highlighted the importance of Carrino's expertise as the company transitions into accelerated filer status.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fonar Corporation published the original content used to generate this news brief via Newsfile  on July 02, 2025, and is solely responsible for the information contained therein.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250702:nNDL8Q4Q0m:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FONR","BK4082"],"gpt_icon":0},{"id":"2545416374","title":"Fonar Corporation Announces Retirement of Board Member and Secretary Claudette J.V. Chan","url":"https://stock-news.laohu8.com/highlight/detail?id=2545416374","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2545416374?lang=en_us&edition=fundamental","pubTime":"2025-06-24 01:46","pubTimestamp":1750700785,"startTime":"0","endTime":"0","summary":"Fonar Corporation announced that Claudette J.V. Chan, a member of the Board of Directors and the company's Secretary, has decided to retire. Her retirement from both positions will be effective on June 19, 2025.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fonar Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on June 23, 2025, and is solely responsible for the information contained therein.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250623:nNDL9hpmwl:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FONR","BK4082"],"gpt_icon":0},{"id":"2538330444","title":"Fonar Corporation Reports Strong Earnings Growth in Q1 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2538330444","media":"TIPRANKS","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2538330444?lang=en_us&edition=fundamental","pubTime":"2025-05-27 11:51","pubTimestamp":1748317917,"startTime":"0","endTime":"0","summary":"Fonar ( ($FONR) ) has released its Q3 earnings. Here is a breakdown of the information Fonar presented to its investors. Fonar Corporation is a Del...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/fonar-corporation-reports-strong-earnings-growth-in-q1-2025?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/fonar-corporation-reports-strong-earnings-growth-in-q1-2025?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["FONR"],"gpt_icon":0},{"id":"2536363278","title":"Fonar Holds Annual Stockholders Meeting and Elections","url":"https://stock-news.laohu8.com/highlight/detail?id=2536363278","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536363278?lang=en_us&edition=fundamental","pubTime":"2025-05-20 03:28","pubTimestamp":1747682888,"startTime":"0","endTime":"0","summary":"Fonar ( ($FONR) ) has issued an update. On May 19, 2025, Fonar Corporation held its Annual Meeting of Stockholders at the Hilton Long Island Huntin...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/fonar-holds-annual-stockholders-meeting-and-elections?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/fonar-holds-annual-stockholders-meeting-and-elections?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4082","FONR"],"gpt_icon":0},{"id":"2536326866","title":"Fonar Corporation Concluded Annual Stockholders Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=2536326866","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536326866?lang=en_us&edition=fundamental","pubTime":"2025-05-20 03:07","pubTimestamp":1747681669,"startTime":"0","endTime":"0","summary":"Fonar Corporation held its Annual Meeting of Stockholders on May 19, 2025, in Melville, New York. During the meeting, stockholders elected Timothy R. Damadian, M.D., Claudette J. V. Chan, Ronald G. Lehman, Richard E. Turk, and Jessica Maher as directors of the company. Additionally, stockholders ratified the selection of CohnReznick LLP as the company's auditors for the fiscal year ending June 30, 2025. All proposals presented at the meeting were approved.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fonar Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on May 19, 2025, and is ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250519:nNDLqDPF7:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FONR","BK4082"],"gpt_icon":0},{"id":"2536500550","title":"Fonar Corporation Reports 6% Increase in Net Revenues and 25% Rise in Net Income for Q3 Fiscal 2025; EPS Up 37%","url":"https://stock-news.laohu8.com/highlight/detail?id=2536500550","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536500550?lang=en_us&edition=fundamental","pubTime":"2025-05-19 18:01","pubTimestamp":1747648872,"startTime":"0","endTime":"0","summary":"Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fonar Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on May 19, 2025, and is solely responsible for the information contained therein.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250519:nNDL5MmsBf:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FONR"],"gpt_icon":0},{"id":"2535846354","title":"Fonar Q3 EPS $0.37 Up From $0.27 YoY, Sales $27.16M Up From $25.72M YoY","url":"https://stock-news.laohu8.com/highlight/detail?id=2535846354","media":"Benzinga","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535846354?lang=en_us&edition=fundamental","pubTime":"2025-05-15 19:10","pubTimestamp":1747307403,"startTime":"0","endTime":"0","summary":"Fonar (NASDAQ:FONR) reported quarterly earnings of $0.37 per share. This is a 37.04 percent increase over earnings of $0.27 per share from the same period last year.  The company reported $27.16 million in sales this","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/05/45432581/fonar-q3-eps-0-37-up-from-0-27-yoy-sales-27-16m-up-from-25-72m-yoy","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FONR"],"gpt_icon":0},{"id":"2535184524","title":"Fonar Corporation Reports 6% Revenue Increase and 37% EPS Growth in Q3 Fiscal 2025; Net Income Rises 25%","url":"https://stock-news.laohu8.com/highlight/detail?id=2535184524","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535184524?lang=en_us&edition=fundamental","pubTime":"2025-05-15 19:06","pubTimestamp":1747307201,"startTime":"0","endTime":"0","summary":"Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fonar Corporation published the original content used to generate this news brief via Newsfile  on May 15, 2025, and is solely responsible for the information contained therein.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250515:nNDL945PRp:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FONR"],"gpt_icon":0},{"id":"2535845532","title":"Fonar Corporation Q3 Operating Income USD 3.7 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2535845532","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535845532?lang=en_us&edition=fundamental","pubTime":"2025-05-15 19:00","pubTimestamp":1747306833,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250515:nPLXEB4567:4","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4082","FONR"],"gpt_icon":0},{"id":"2513218696","title":"FONR Stock Declines After Q2 Earnings, Revenue and Net Income Fall","url":"https://stock-news.laohu8.com/highlight/detail?id=2513218696","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513218696?lang=en_us&edition=fundamental","pubTime":"2025-02-21 23:40","pubTimestamp":1740152400,"startTime":"0","endTime":"0","summary":"Shares of FONAR Corporation FONR have lost 9.5% since the company reported its earnings for the quarter ended Dec. 31, 2024. This compares to the S&P 500 Index’s 0.5% gain over the same time frame. Over the past month, the stock lost 4.5% versus the S&P 500’s 0.7% rise.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.FONAR’s total revenues for the second quarter of fiscal 2025 ended Dec. 31, 2024, declined 1.7% to $24.9 million from $25.4 million in the prior-year quarter. For the six-month period ended Dec. 31, 2024, revenues decreased 2.6% to $49.9 million from $51.2 million in the year-ago period.Income from operations dropped 50.2% to $2.4 million for the quarter from $4.9 million in the prior-year period. For the six-month period, income from operations declined 38.5% to $7 million from $11.5 million.FONAR’s cash and cash equivalents and short-term investments declined 5% to $53.7 million on Dec. 31, 2024, compared with $56.5 million as of June 30, 2024. 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