BNET Industries
Fonar Corp. (FONR) is in the Health Care Industry
- Revenue
- Jun 30 2007
- $33.2M
- Profit
- Jun 30 2007
- ($25.5M)
- Market Cap
- Aug 27 2008
- $7.4M
Latest News and Analysis
Melville-based Fonar Corp. trims loss
Fonar Corp., a maker of upright magnetic resonance imaging machines, said Wednesday its fiscal first-quarter loss decreased 97 percent on higher revenue from sales and repairs and the sale of a stake in a subsidiary.
Shares of Upright MRI maker Fonar Corp. skyrocket after company
Shares of Upright MRI maker Fonar Corp. skyrocketed 82 percent Wednesday after the company said it received a contract from the U.S. Department of Defense.
Melville-based Fonar Corp. revenue, profit plunges
Fonar Corp. on Thursday posted steep declines in profit and revenue for the quarter ended Dec. 31.The Melville-based maker of Upright magnetic resonance imaging machines reported a loss of $5.4 million, or 5 cents per share, for its second fiscal quarter of 2006. The company posted a profit of $1.1...
Fonar Corp.'s stock rises 3 percent; company sells its first Upright
Fonar Corp.'s (Nasdaq: FONR) stock rose 3 percent to $1.27.
Fonar Corp., founder take prize fight to media
Fonar Corp. expanded its campaign today to include its founder, Dr. Raymond Damadian, among the winners of the Nobel Prize for medicine for his involvement in research leading to the invention of the MRI.
Fonar Corp. defends its founder
Was the PR campaign Dr. Raymond Damadian launched against the Nobel Prize committee last week a righteous moral crusade, a selfish grasp for recognition or a clever way to market stand-up MRI machines?
Melville-based MRI maker Fonar Corp. files to sell 5M shares
MRI maker Fonar Corp., (Nasdaq: FONR) has filed to sell over time up to 5 million shares of common stock.
Fonar Corp. narrows loss
MRI maker Fonar Corp. said it narrowed its loss for fiscal 2003 by 35 percent to $15 million from $22.9 million a year ago.
Melville-based Fonar Corp.'s Stand-up MRI selling well in soft market
Fonar Corp.'s bid to sell Stand-Up MRI machines in a soft market has received a big boost from companies led by Chairman Raymond Damadian or his son Timothy Damadian.
Melville-based Fonar Corp. installs first stand-up MRI in Scotland
Fonar Corp. (Nasdaq: FONR) said Friday the University of Aberdeen in Scotland has installed the first stand-up MRI in Europe and begun using it for a study.
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- Incorporated: 1978
Fonar is engaged in the business of designing, manufacturing, selling and servicing magnetic resonance imaging, also referred to as MRI (MR), scanners which utilize MRI technology for the detection and diagnosis of human disease. Co.'s principal products are the Upright™ MRI and the Fonar 360™. The Upright™ MRI is a whole-body open MRI system that enables positional MRI (pMRI™) applications, such as weight-bearing MRI studies. The Fonar 360™ is marketed as a diagnostic scanner and is sometimes referred to as the Open Sky™ MRI. The Fonar 360™ serves as an open patient-friendly scanner which allows 360-degree access to the patient on the scanner bed.
Key Competitors
Fonar Corp. Company Info
Board of Directors
Dr. Raymond V. Damadian M.D.
Chairman
Mrs. Claudette J.V. Chan
Mr. Robert J. Janoff
Mr. Charles N. O'Data
Mr. Robert Djerejian
Contact Information
110 Marcus Drive
Melville, NY
631 694-2929
NAICS Code
All Other Outpatient Care Centers: 621498
