Chicago Rivet & Machine Co. Announces Second Quarter Results of Operations

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Aug 13, 2024

PR Newswire

NAPERVILLE, Ill., Aug. 13, 2024 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE American: CVR) today announced results for the second quarter of 2024 as summarized below:

CHICAGO RIVET & MACHINE CO.

Summary of Consolidated Results of Operations

For the Three and Six Months Ended June 30

Second Quarter

First Six Months

2024

2023

2024

2023

Net sales

$8,059,477

$8,050,931

$15,912,658

$16,780,656

Income (loss) before income taxes

153,514

(1,665,506)

(721,320)

(2,402,643)

Net income (loss)

142,141

(1,311,506)

(555,863)

(1,894,643)

Net income (loss) per common share

0.15

(1.36)

(0.58)

(1.96)

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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