Chicago Rivet & Machine Co. Announces Third Quarter Results of Operations.
NAPERVILLE, Ill., Nov. 6, 2012 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE MKT, symbol: CVR) today announced results for the third quarter of 2012 as summarized below:
CHICAGO RIVET & MACHINE CO. |
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Summary of Consolidated Results of Operations |
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For the Three and Nine Months Ended September 30 |
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Third Quarter |
First Nine Months |
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2012 |
2011 |
2012 |
2011 |
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Net sales |
$ 8,537,639 |
$ 7,821,606 |
$26,167,158 |
$23,770,078 |
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Income before income taxes |
673,342 |
471,640 |
2,058,508 |
1,521,183 |
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Net income |
463,342 |
317,640 |
1,397,508 |
1,022,183 |
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Earnings per common share |
.48 |
.33 |
1.45 |
1.06 |
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Average shares outstanding |
966,132 |
966,132 |
966,132 |
966,132 |
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(All figures subject to year-end audit) |
SOURCE Chicago Rivet & Machine Co.
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