Investoreight
Skip to main content

FONAR Announces Fiscal 2022 Financial Results

Yahoo! Finance
On August 3, 2022, FONAR founder and The Father of MRI, Raymond V. Damadian, died at 86. Dr. Damadian was the Chairman of the Board at the time of his passing. Since 2016 Dr. Damadian's son, Timothy Raymond Damadian, has been the president and CEO of FONAR. Timothy will also take over as Chairman of the Board.On September 13, 2022, the Company adopted a stock repurchase plan of up to $9 million. ...
Continue Reading