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FONAR Corp. reported higher Q2 2026 revenue and net income, finalized a revised $19.00/share merger deal to go private.
FONAR Corp. reported second-quarter fiscal 2026 results showing a 2% revenue increase to $25.5 million and a 15% rise in net income to $2.5 million, with earnings per share at $0.31.
Despite a 16% drop in six-month net income, the company saw a 23% gain in operating income.
Cash and cash equivalents fell to $53.1 million, while stockholders’ equity rose to $162.9 million.
The company finalized a revised merger agreement to go private, increasing the offer price to $19.00 per share.
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FONAR Corp. reportó mayores ingresos y ganancias netas en el segundo trimestre de 2026, finalizó un acuerdo de fusión revisado de $ 19.00 / acción para convertirse en privado.