Chicago Rivet & Machine Co. Announces Third Quarter Results of Operations
NAPERVILLE, Ill., Nov. 12, 2024 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE American: CVR) today announced results for the third quarter of 2024 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 |
|||
2024 |
2023 |
2024 |
2023 |
|
Net sales |
$6,969,921 |
$7,946,172 |
$22,882,579 |
$24,726,828 |
Income (loss) before income taxes |
(795,425) |
(1,215,042) |
(1,516,745) |
(3,617,685) |
Net income (loss) |
(1,446,621) |
(964,042) |
(2,002,484) |
(2,858,685) |
Net income (loss) per common share |
(1.50) |
(1.00) |
(2.07) |
(2.96) |
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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