Fonar: Fiscal 1Q Earnings Snapshot
MELVILLE, N.Y. (AP) _ Fonar Corp. (FONR) on Thursday reported fiscal first-quarter net income of $3.1 million.
The Melville, New York-based company said it had net income of 48 cents per share.
The MRI scanner designer posted revenue of $20.7 million in the period.
Fonar shares have climbed nearly 4 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $25.24, a decline of 23 percent in the last 12 months.