secwatch.observer — SEC 8-K summary
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Issuer:     FONAR CORP (FONR)
CIK:        0000355019
Form:       8-K
Filed at:   2022-02-15T23:59:59+00:00
Accession:  0000355019-22-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

FONAR Q2 fiscal 2022 net income up 31% to $5.1M; revenues up 16% to $24.5M
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- Six-month revenues $48.2M (+14% YoY); net income $10.3M (+44% YoY); diluted EPS $1.11 (+39% YoY).
- Q2 revenues $24.5M (+16% YoY); net income $5.1M (+31% YoY); diluted EPS $0.57 (+30% YoY).
- HMCA-managed site MRI scan volume 94,460 (+10% YoY), highest first-six-month volume ever achieved.
- SG&A for six months decreased 8% to $9.9M; operating cash flow $5.8M vs $9.6M prior year.
- Book value per share $21.32 (+7% YoY); cash and short-term investments $44.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/355019/000035501922000009/0000355019-22-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/355019/000035501922000009/fonar_8k.htm
  HTML page:      https://secwatch.observer/filing/0000355019-22-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer