Summary
Fonar Corp (Fonar) is a medical device company that develops and manufacturers magnetic resonance imaging (MRI) scanners. The company provides products such as upright MRI, Fonar 360 and the open sky MRI. Fonar upright MRI is equipped with its MRI–compatible motorized patient handling system, which allows patients to be scanned in various conditions such as standing, sitting, bending or lying down in any others position. The company’s MRI scanners utilizes MRI technology for the detection and diagnosis of human disease, abnormalities, other medical conditions and injuries. Fonar provides services such as management services, administrative services, repair and maintenance services, among others and it caters to orthopedic surgeons, neurosurgeons and spine surgeons. The company operates through its sales office located in Germany. Fonar is headquartered in Melville, New York, the US.

Fonar Corp Key Recent Developments

Feb 16,2021: Fonar Announces 2nd Quarter and Six Months Financial Results for Fiscal 2021
Nov 12,2020: Fonar announces financial results for 1st fiscal quarter of 2021
Sep 28,2020: FONAR Announces Fiscal 2020 Financial Results
May 11,2020: FONAR announces fiscal 2020 3rd quarter and nine months financial results; Company balance sheet remains strong amid COVID-19 Crisis
Feb 10,2020: FONAR announces fiscal 2020 2nd Quarter and six months financial results

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- Business description – A detailed description of the company’s operations and business divisions.
- Corporate strategy – Analyst’s summarization of the company’s business strategy.
- SWOT Analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats.
- Company history – Progression of key events associated with the company.
- Major products and services – A list of major products, services and brands of the company.
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- Executive biographies – A brief summary of the executives’ employment history.
- Key operational heads – A list of personnel heading key departments/functions.
- Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.
- Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
- Interim ratios for the last five interim periods – The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.

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