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