Chicago Rivet & Machine Co. Announces Second Quarter Results of Operations
NAPERVILLE, Ill., Aug. 13, 2024 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE:CVR) today announced results for the second quarter of 2024 as summarized below:
CHICAGO RIVET & MACHINE CO. Summary of Consolidated Results of Operations For the Three and Six Months Ended June 30 | ||||
Second Quarter | First Six Months | |||
2024 | 2023 | 2024 | 2023 | |
Net sales | $8,059,477 | $8,050,931 | $15,912,658 | $16,780,656 |
Income (loss) before income taxes | 153,514 | (1,665,506) | (721,320) | (2,402,643) |
Net income (loss) | 142,141 | (1,311,506) | (555,863) | (1,894,643) |
Net income (loss) per common share | 0.15 | (1.36) | (0.58) | (1.96) |
Average common shares outstanding | 966,132 | 966,132 | 966,132 | 966,132 |
(All figures subject to year-end audit)
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SOURCE Chicago Rivet & Machine Co.