Chicago Rivet & Machine Co. Announces Second Quarter Results of Operations
NAPERVILLE, Ill., Aug. 8, 2017 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE American, symbol: CVR) today announced results for the second quarter of 2017 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 |
|||
2017 |
2016 |
2017 |
2016 |
|
Net sales |
$9,435,508 |
$9,820,730 |
$18,918,835 |
$19,417,125 |
Income before income taxes |
671,355 |
1,175,059 |
1,442,277 |
2,158,116 |
Net income |
462,355 |
795,059 |
973,277 |
1,442,116 |
Net income per common share |
.48 |
.82 |
1.01 |
1.49 |
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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