Diagnostic Assays

FONAR Announces Third Quarter and Nine-Month Financial Results for Fiscal 2007

Published in Lab Business Week, June 3rd, 2007

FONAR Corporation (NASDAQ-FONRD), The Inventor of MR Scanning(TM), announced its financial results for the third quarter of fiscal 2007, which ended March 31, 2007.

For the nine-month period ended March 31, 2007, we reported a net loss of $17.0 million on revenues of $24.2 million as compared to net loss of $21.0 million on revenues of $27.8 million for the nine-month period ended March 31, 2006.

For the three month period ended March 31, 2007 we reported a net loss of $5.4 million on revenues of $8.8 million as compared to net loss of $7.4 million on revenues of $7.1 million for the three-month period ended March 31, 2006.

Net...

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Source: Lab Business Week (2007-06-03)

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