Chicago Rivet & Machine Co. Announces Third Quarter Results of Operations
NAPERVILLE, Ill., Nov. 6, 2017 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE American, symbol: CVR) today announced results for the third quarter of 2017 as summarized below:
| 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 |
||||
| 2017 |
2016 |
2017 |
2016 |
||
| Net sales |
$8,386,756 |
$8,854,274 |
$27,305,591 |
$28,271,399 |
|
| Income before income taxes |
500,835 |
679,329 |
1,943,112 |
2,837,445 |
|
| Net income |
335,835 |
462,329 |
1,309,112 |
1,904,445 |
|
| Net income per common share |
.35 |
.48 |
1.36 |
1.97 |
|
| 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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