Fonar Corporation  (FONR)
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Fonar Corporation

FONR's Financial Statements and Analysis

Fonar Corporation reported in I. Quarter net earnings per share of $0.29 a decrease by -47.27 % year on year from $0.55 and an improvement of 27.34 % from $0.23 realized in IV. Quarter (Jun 30 2022).

I. Quarter
Earnings Per Share Revenues
$ 0.29 $  23 Mill
$-0.26     -47.27 % $-1M     -2.27 %

Fonar's Revenue fell by -2.27 % in I. Quarter (Sep 30 2022) year on year, to $23 million and declined by -6.53 % sequentially.

Fonar is Expected to report next financial results on February 10, 2023.

More on FONR's Income Statement

Fonar's net income of $2.650 million in I. Quarter decreased by -48.86 % from net earnings of $5.182 million achieved in I. Quarter a year ago.

Sequentially net earnings fell by -27.46 % from net income of $3.653 million realized in previous quarter.

More on FONR's Growth

Inventories grew by 33.95 % to $2 million from I. Quarter a year ago, sequentially inventories rose by 4.16 %. In I. Quarter company's net cash and cash equivalents decreased by $0 million, capital expenditures grew by -20.35%, to $-1 millions compare to same quarter a year ago and fell by 25.69% from IV. Quarter (Jun 30 2022).

More on FONR's Cash flow Statement

Fonar Corporation does not pay out common stock dividend.

In trailing twelve-month period Fonar Corporation earned $ 2.51 cash per share, on a free-cash flow basis 178.1 % of net earning per share.