secwatch.observer — SEC 8-K summary
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Issuer:     FONAR CORP (FONR)
CIK:        0000355019
Form:       8-K
Filed at:   2021-09-28T23:59:59+00:00
Accession:  0000355019-21-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

FONAR reports fiscal 2021 diluted EPS of $1.45, up 23% YoY; revenue $89.9M, +5%
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- Diluted EPS $1.45 (+23% YoY); net income $13.7M (+17%); operating income $17.1M (+25%).
- Total scan volume at HMCA-managed sites rose 7% to 178,364 scans; HMCA now manages 39 MRI scanners vs 36 a year ago.
- Cash and short-term investments $44.5M (+21%); working capital $88.5M (+15%); book value per share $20.41 (+6%).
- Fiscal 2022 plans: add MRI in Pembroke Pines, new Bronx facility, Manhattan relocation, and central Florida center.
- R&D expenses fell 19% to $1.6M due to COVID supply chain delays; S,G&A down 7%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/355019/000035501921000032/0000355019-21-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/355019/000035501921000032/fonar_8k.htm
  HTML page:      https://secwatch.observer/filing/0000355019-21-000032

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