Net revenues slipped for MRI vendor Fonar in its fiscal third quarter.
For the period (end-March 31), the Melville, NY-based vendor had total net revenues of $7.5 million, down 33.6% from the $11.3 million posted in the third quarter of fiscal 2009. The firm had a net loss of $8,000, compared with a net loss of $1.3 million a year ago.
Fonar noted that the diagnostic imaging centers management segment produced $2.7 million in revenues, up 10% from the $2.5 million turned in during the fiscal 2009 third quarter. Service and repair fees also yielded $2.8 million in revenue, up 8% from the $2.6 million generated a year ago.
Related Reading
Fonar grows revenue in Q1, November 24, 2009
Nasdaq still reviewing Fonar compliance, October 8, 2009
Fonar grows sales, turns profit in FY09, October 6, 2009
Fonar sells 5th Upright to Florida center, June 12, 2009
Fonar takes Libyan order, March 3, 2009
Copyright © 2010 AuntMinnie.com
.fFmgij6Hin.png?crop=focalpoint&fit=crop&fp-x=0.5&fp-y=0.5&h=100&w=100&auto=format%2Ccompress&q=70)
.fFmgij6Hin.png?crop=focalpoint&fit=crop&fp-x=0.5&fp-y=0.5&h=167&w=250&auto=format%2Ccompress&q=70)
