Fonar Corporation

NASDAQ FONR

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Fonar Corporation Operating Income Per Share for the quarter ending March 31, 2024: 0.59

Fonar Corporation Operating Income Per Share is 0.59 for the quarter ending March 31, 2024, a -4.71% change year over year. Operating income per share represents the amount of operating income generated by a company per outstanding share. It is calculated by dividing the operating income by the weighted average number of basic shares outstanding. This metric provides insights into the company's profitability from its core operations on a per-share basis. It is useful for evaluating the company's operational performance and comparing it with other companies on a per-share basis.
  • Fonar Corporation Operating Income Per Share for the quarter ending March 31, 2023 was 0.62, a -26.46% change year over year.
  • Fonar Corporation Operating Income Per Share for the quarter ending March 31, 2022 was 0.84, a 36.78% change year over year.
  • Fonar Corporation Operating Income Per Share for the quarter ending March 31, 2021 was 0.62, a 55.10% change year over year.
  • Fonar Corporation Operating Income Per Share for the quarter ending March 31, 2020 was 0.40, a -60.97% 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.

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StockViz Staff

September 19, 2024

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