NAPERVILLE, Ill., Aug. 7, 2023 /PRNewswire/ — Chicago Rivet & Machine Co. (NYSE American: CVR) today announced results for the second quarter of 2023 as summarized below:
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CHICAGO RIVET & MACHINE CO. Summary of Consolidated Results of Operations For the Three and Six Months Ended June 30 |
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Second Quarter |
First Six Months |
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2023 |
2022 |
2023 |
2022 |
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Net sales |
$8,050,931 |
$9,023,398 |
$16,780,656 |
$18,221,094 |
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Income (loss) before income taxes |
(1,665,506) |
194,904 |
(2,402,643) |
765,217 |
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Net income (loss) |
(1,311,506) |
153,904 |
(1,894,643) |
601,217 |
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Net income (loss) per common share |
(1.36) |
.16 |
(1.96) |
.62 |
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Average common 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.
