Fonar revenues dip in Q3

MRI vendor Fonar reported fiscal third-quarter revenues of $9.8 million, down 6.5% from the $10.5 million booked in the same period last year. For the quarter (end-March 31), the Melville, NY-based firm had a net loss of $6.3 million, compared with a net loss of $5.1 million in the third quarter of fiscal 2003.

By AuntMinnie.com staff writers
May 16, 2003

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