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Fonar Corp. Message Board

  • Adelantado Adelantado Nov 16, 2005 11:28 PM Flag

    why the dive

    Revenues for the first quarter of fiscal 2006 were $10.2 million, compared to $25.1 million in the same period of fiscal 2005. Overall revenues attributable to product sales were $4.2 million in the first quarter, a decrease from the $17.7 million in product sales reported in the comparable period of fiscal 2005. The lower level of revenue is attributable to a slow down in capital equipment purchases by customers following robust Upright(TM) MRI sales in mid- to late fiscal 2005.

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