MRI vendor Fonar said it has received $19.6 million in revenues from the sale of 14 of its Stand-Up MRI units in June, July, and August. The Melville, NY-based vendor also stated that seven of these sales were made to surgeons. The company noted that most of the revenue from the sales is expected to be recognized during its fiscal year ending June 30, 2004.
By AuntMinnie.com staff writersSeptember 4, 2003
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