MELVILLE, NY--(Marketwire - November 14, 2008) - FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanning™, today announced its financial results for the first quarter of fiscal 2009, which ended September 30, 2008. The net loss for the first quarter of fiscal 2009 was $450,000 as compared to a net loss for the same period one year earlier of $209,000. For the first three months of fiscal 2009 the loss per common share (basic and diluted) was $0.09, as compared to $0.04 loss per common share (basic and diluted) for the same period of fiscal 2008.
