Chicago Rivet & Machine Co. Announces Third Quarter Results of Operations

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Nov 07, 2023, 16:45 ET

NAPERVILLE, Ill., Nov. 7, 2023 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE American: CVR) today announced results for the third quarter of 2023 as summarized below:

CHICAGO RIVET & MACHINE CO. Summary of Consolidated Results of Operations For the Three and Nine Months Ended September 30
	Third Quarter		First Nine Months
	2023	2022	2023	2022
Net sales	$7,946,172	$8,567,785	$24,726,828	$26,788,879
Income (loss) before income taxes	(1,215,042)	4,621,060	(3,617,685)	5,386,277
Net income (loss)	(964,042)	3,579,060	(2,858,685)	4,180,277
Net income (loss) per common share	(1.00)	3.71	(2.96)	4.33
Average common shares outstanding	966,132	966,132	966,132	966,132

(All figures subject to year-end audit)