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 | |||||
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)
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SOURCE Chicago Rivet & Machine Co.
