Fonar trims loss in fiscal 2K

MRI vendor Fonar reported revenues of $39.1 million in its fiscal 2000, up 6% from the $36.9 million posted in fiscal 1999. The Melville, NY-based vendor wasn't able to achieve profitability, however. Fonar reported a net loss of $11 million during the period (end-June 30), compared with a net loss of $14.2 million for the same period last year.

By AuntMinnie.com staff writers
October 2, 2000

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