Chicago Rivet & Machine Co. Announces Third Quarter Results of Operations
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PR Newswire
NAPERVILLE, Ill., Nov. 8, 2019
NAPERVILLE, Ill., Nov. 8, 2019 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE American: CVR) today announced results for the third quarter of 2019 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 | |||
2019 | 2018 | 2019 | 2018 | |
Net sales | $8,188,905 | $8,856,049 | $25,686,034 | $28,660,474 |
Income before income taxes | 414,797 | 363,749 | 1,073,198 | 2,189,629 |
Net income | 315,797 | 287,749 | 832,198 | 1,698,629 |
Net income per common share | .32 | .30 | .86 | 1.76 |
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.
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