Chicago Rivet & Machine Co. Announces Third Quarter Results of Operations
November 12 2024 - 3:45PM
PR Newswire (US)
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.
Copyright 2024 PR Newswire
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