Chicago Rivet & Machine Co. Announces Second Quarter Results of Operations
NAPERVILLE, Ill., Aug. 13, 2024 /PRNewswire/ — Chicago Rivet & Machine Co. (NYSE American: CVR) today announced results for the second quarter of 2024 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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2024 |
2023 |
2024 |
2023 |
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Net sales |
$8,059,477 |
$8,050,931 |
$15,912,658 |
$16,780,656 |
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Income (loss) before income taxes |
153,514 |
(1,665,506) |
(721,320) |
(2,402,643) |
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Net income (loss) |
142,141 |
(1,311,506) |
(555,863) |
(1,894,643) |
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Net income (loss) per common share |
0.15 |
(1.36) |
(0.58) |
(1.96) |
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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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