Chicago Rivet & Machine Co. Announces Third Quarter Results of Operations
NAPERVILLE, Ill., Nov. 12, 2024 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE American: CVR) today announced results for the third quarter of 2024 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 | |||
2024 | 2023 | 2024 | 2023 | |
Net sales | $6,969,921 | $7,946,172 | $22,882,579 | $24,726,828 |
Income (loss) before income taxes | (795,425) | (1,215,042) | (1,516,745) | (3,617,685) |
Net income (loss) | (1,446,621) | (964,042) | (2,002,484) | (2,858,685) |
Net income (loss) per common share | (1.50) | (1.00) | (2.07) | (2.96) |
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.