Fonar Announces Fiscal 2025 Financial Results for 3rd Quarter and Nine-Month Period

About this update from Fonar Corporation

[{"type":"list","items":[{"val":[{"type":"text","content":"Net Income increased 25% to $3.1 million for the quarter ended March 31, 2025 as compared to the quarter ended March 31, 2024.","length":126,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Income from Operations for the quarter ended March 31, 2025 decreased 2% to $3.7 million as compared to the quarter ended March 31, 2024.","length":137,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Diluted Net Income Per Common Share Available to Common Stockholders increased 37% to $0.37 per share for the quarter ended March 31, 2025 as compared to the quarter ended March 31, 2024.","length":187,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Total Revenues-Net increased 6% to $27.2 million for the quarter ended March 31, 2025 as compared to the quarter ended March 31, 2024.","length":134,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Total Cash, Cash Equivalents and Short-Term Investments decreased 4% to $54.4 million at March 31, 2025 as compared to June 30, 2024.","length":133,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net Book Value per Common Share increased 5% to $25.98 per share at March 31, 2025 as compared to March 31, 2024.","length":113,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":830,"olType":false},{"type":"text","content":"Melville, New York--(Newsfile Corp. - May 15, 2025) - FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanning™, reported today its financial results for the 3rd quarter of fiscal 2025 and the nine-month period ended March 31, 2025. FONAR's primary source of income and growth is attributable to its diagnostic imaging management subsidiary, Health Management Company of America (HMCA). In 2009, HMCA managed 9 MRI scanners. Currently, HMCA manages 44 MRI scanners.","length":474,"tagName":"p"},{"type":"text","content":"Operating Results","length":17,"tagName":"p"},{"type":"text","content":"Total Revenues-Net for the quarter ended March 31, 2025 increased 6% to $27.2 million as compared to $25.7 million for the quarter ended March 31, 2024. Total Revenues-Net for the nine-month period ended March 31, 2025 was $77.1 million as compared to $76.9 million for the nine-month period ended March 31, 2024.","length":313,"tagName":"p"},{"type":"text","content":"Sellin...

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