Fonar Q2 net income rises

Fonar

13/02/2026 21:39

Overview

MRI company's fiscal Q2 revenue rose 2% yr/yr

Net income for fiscal Q2 increased 15% yr/yr

Outlook

Company did not provide specific financial guidance for future periods in its press release

Result Drivers

REVENUE GROWTH - Co reported a 2% increase in total revenues driven by growth in service and repair fees and management fees

HIGH-FIELD MRI ADDITION - Installation of high-field MRI at Lynbrook site led to a 30% increase in scan volume, reducing patient backlogs

EXPENSE REDUCTION - SG&A expenses decreased 10% for the quarter, aiding in improved operating income

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$25.50 mln
Q2 EPS
$0.31
Q2 Net Income
$2.50 mln
Q2 Operating Income
$3 mln


Press Release: ID:nNFCtY75J

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)