Chicago Rivet & Machine Co. Announces Second Quarter Results of Operations
NAPERVILLE, Ill., Aug. 5, 2016 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE MKT, symbol: CVR) today announced results for the second quarter of 2016 as summarized below:
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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2016 |
2015 |
2016 |
2015 |
|
Net sales |
$9,820,730 |
$9,206,174 |
$19,417,125 |
$18,489,965 |
Income before income taxes |
1,175,059 |
848,961 |
2,158,116 |
1,527,434 |
Net income |
795,059 |
570,961 |
1,442,116 |
1,033,434 |
Net income per common share |
.82 |
.59 |
1.49 |
1.07 |
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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