Fonar Corporation

NASDAQ FONR

Download Data

Fonar Corporation Free Cash Flow for the quarter ending March 31, 2024: USD 2.67 M

Fonar Corporation Free Cash Flow is USD 2.67 M for the quarter ending March 31, 2024, a 28.42% change year over year. Free Cash Flow is the cash flow available to a company after deducting capital expenditures from operating cash flow, indicating its ability to generate cash for expansion, debt repayment, or dividends.
  • Fonar Corporation Free Cash Flow for the quarter ending March 31, 2023 was USD 2.08 M, a -19.85% change year over year.
  • Fonar Corporation Free Cash Flow for the quarter ending March 31, 2022 was USD 2.60 M, a 57.71% change year over year.
  • Fonar Corporation Free Cash Flow for the quarter ending March 31, 2021 was USD 1.65 M, a -7.57% change year over year.
  • Fonar Corporation Free Cash Flow for the quarter ending March 31, 2020 was USD 1.78 M, a -31.87% change year over year.
NASDAQ: FONR

Fonar Corporation

CEO Mr. Timothy R. Damadian
IPO Date Jan. 1, 1987
Location United States
Headquarters 110 Marcus Drive, Melville, NY, United States, 11747
Employees 561
Sector Healthcare
Industry Diagnostics & research
Description

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 in two segments, Medical Equipment, and Physician Management and Diagnostic Services. 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 also offers non-medical management, including administrative services, billing and collection services, credentialing services, contract negotiations, compliance consulting, purchasing IT services, hiring, conducting interviews, training, supervision and management of non-medical personnel, storage of medical records, office space, equipment, repair maintenance services, accounting, assistance with compliance matters, and development and implementation of practice growth and marketing strategies. It owns and operates diagnostic imaging facilities in Florida; and manages MRI scanning facilities. The company markets its scanners to private diagnostic imaging centers and hospital outpatient imaging facilities. FONAR Corporation was founded in 1970 and is based in Melville, New York.

Similar companies

SERA

Sera Prognostics Inc

NA

NA

OLK

Olink Holding AB ADR

NA

NA

XGN

Exagen Inc

NA

NA

BDSX

Biodesix Inc

NA

NA

ENZ

Enzo Biochem Inc

NA

NA

StockViz Staff

September 19, 2024

Any question? Send us an email