Chicago Rivet & Machine Co. Announces Third Quarter Results of Operations
NAPERVILLE, Ill., Nov. 5, 2010 /PRNewswire-FirstCall/ -- Chicago Rivet & Machine Co. (NYSE Amex: CVR) today announced results for the third quarter of 2010 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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2010 |
2009 |
2010 |
2009 |
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Net sales |
$ 6,950,274 |
$ 5,490,147 |
$21,650,200 |
$14,929,260 |
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Income (loss) before income taxes |
154,993 |
(370,814) |
815,922 |
(1,993,132) |
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Net income (loss) |
105,993 |
(246,814) |
559,922 |
(1,310,132) |
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Net income (loss) per share |
.11 |
(.26) |
.58 |
(1.36) |
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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) |
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SOURCE Chicago Rivet & Machine Co.
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