Fonar Reports Q1 Fiscal 2026 Results: Revenue Up 4% but Net Income Falls 33%

FONAR CORP

Total revenues increased 4% to $26.0 million for the quarter ended September 30, 2025.
Net income decreased 33% to $2.7 million from $4.0 million in the prior-year quarter.
Diluted EPS fell 26% to $0.34 from $0.46.
HMCA managed 44 MRI scanners; scan volume was 55,106, the second highest quarterly volume.
CEO-led group continues negotiations for a going private transaction; no definitive agreement yet.

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