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Fonar off after earnings report

May 15, 2014 10:14 AM ETFONAR Corporation (FONR) StockFONRBy: Douglas W. House, SA News Editor10 Comments
  • Shares of thinly-traded Fonar Corp (FONR -14.8%) are down on turnover of 103K in early trading after the company reported fiscal Q3 earnings this morning before the open.
  • Total revenues: $17M (+46.6%); operating income: $2.3M (+43.8%); net income: $2.1M (+31.3%); non-GAAP EPS: $0.27 (+58.8%); quick assets (ex-A/R): $9.6M (+21.5%).
  • 23 mutual funds have positions, up from 18 a year earlier.

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