Chicago Rivet & Machine Co. Announces Third Quarter Results of Operations
NAPERVILLE, Ill., Nov. 6, 2020 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE American: CVR) today announced results for the third quarter of 2020 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 |
||||
2020 |
2019 |
2020 |
2019 |
||
Net sales |
$7,645,259 |
$8,188,905 |
$19,325,234 |
$25,686,034 |
|
Income (loss) before income taxes |
414,135 |
414,797 |
(614,813) |
1,073,198 |
|
Net income (loss) |
309,135 |
315,797 |
(413,813) |
832,198 |
|
Net income (loss) per common share |
.32 |
.32 |
(.43) |
.86 |
|
Average common shares outstanding |
966,132 |
966,132 |
966,132 |
966,132 |
(All figures subject to year-end audit)
SOURCE Chicago Rivet & Machine Co.
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