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