secwatch.observer — SEC 8-K summary
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Issuer:     FONAR CORP (FONR)
CIK:        0000355019
Form:       8-K
Filed at:   2024-09-30T23:59:59+00:00
Accession:  0000355019-24-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

FONAR FY2024 net income +16% to $14.1M ($1.53 EPS); revenue $102.9M (+4%)
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- Total revenues $102.9M, up 4% YoY; income from operations $16.5M, up 12%.
- Net income $14.1M ($1.53 diluted EPS), up 16%; weighted avg diluted shares 6.5M.
- Cash and equivalents $56.5M, up 10%; working capital $122.5M; book value $24.78/share.
- MRI scan volume at HMCA-managed sites rose 11% to 209,327; 42 scanners managed (43 with new high-field in Naples).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/355019/000035501924000041/0000355019-24-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/355019/000035501924000041/fonar_8-k.htm
  HTML page:      https://secwatch.observer/filing/0000355019-24-000041

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