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-0.00729040097205345 -0.0173754556500608 -0.0173754556500608 -0.0173754556500608 -0.0113406237343054 -0.0113406237343054 -0.0202511138112596 -0.0264115026326448
Stock impact report

FONAR Announces Year-End Earnings For Fiscal 2019

Fonar Corporation (FONR) 
US:NASDAQ Investor Relations: fonar.com/investor.htm
Company Research Source: GlobeNewswire
Cash and cash equivalents and Short term investments increased by 48% to $29.0 million during the fiscal year ended June 30, 2019.Total Revenues-Net increased by 7% to $87.2 million for the fiscal year ended June 30, 2019, versus previous fiscal year.Income from Operations increased 12% to $22.1 million, for the fiscal year ended June 30, 2019, versus previous fiscal year.Net Income decreased by 19% to $20.5 million for the year ended June 30, 2019, versus previous fiscal year. This is in part due to an income tax provision of $2.0 million for the fiscal year ended June 30, 2019 vs. an income tax benefit of $5.7 million recorded in the previous year.Diluted Net Income per Common Share decreased by 28% to $2.22, versus previous fiscal year. This is in part due to an income tax provision of $2.0 million for the fiscal year ended June 30, 2019 vs. an income tax benefit of $5.7 million recorded in the previous year.  The number of shares fully diluted increased 1% to 6.5 million for the f Show less Read more
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