Fonar ( (FONR) ) has released a notification of late filing.
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Fonar Corporation has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending June 30, 2025. The company cites unexpected delays as the primary reason for the late filing, which could not be avoided without unreasonable effort or expense. Fonar anticipates submitting the report within 15 calendar days following the original due date. The company does not expect any significant changes in its financial results from the previous fiscal year. Fonar is actively working to comply with all regulatory requirements, as confirmed by the signature of Timothy R. Damadian, President and CEO.
The most recent analyst rating on (FONR) stock is a Buy with a $17.50 price target. To see the full list of analyst forecasts on Fonar stock, see the FONR Stock Forecast page.
Spark’s Take on FONR Stock
According to Spark, TipRanks’ AI Analyst, FONR is a Outperform.
Fonar’s overall stock score of 77 reflects its solid financial performance and positive technical indicators, bolstered by a favorable corporate event. The acquisition proposal by the CEO suggests a strategic move to enhance shareholder value. However, challenges in revenue growth and cash flow volatility remain areas for improvement.
To see Spark’s full report on FONR stock, click here.
More about Fonar
Average Trading Volume: 20,428
Technical Sentiment Signal: Buy
Current Market Cap: $99.07M
Learn more about FONR stock on TipRanks’ Stock Analysis page.