Fonar reports summer sales exceeding $19 million

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 writers
September 4, 2003

Related Reading

Fonar sells 50th Stand-Up MRI, July 15, 2003

Fonar revenues dip in Q3, May 16, 2003

Fonar sells A&A Services, April 24, 2003

Fonar notches 38th Stand-Up MRI sale, March 6, 2003

Fonar scores 35th Stand-Up MRI sale, February 20, 2003

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