Chicago Rivet & Machine Co. Announces Second Quarter Results of Operations
NAPERVILLE, Ill., Aug. 8, 2017 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE American, symbol: CVR) today announced results for the second quarter of 2017 as summarized below:
CHICAGO RIVET & MACHINE CO. Summary of Consolidated Results of Operations For the Three and Six Months Ended June 30
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Second Quarter | First Six Months | |||
2017 | 2016 | 2017 | 2016 | |
Net sales | $9,435,508 | $9,820,730 | $18,918,835 | $19,417,125 |
Income before income taxes | 671,355 | 1,175,059 | 1,442,277 | 2,158,116 |
Net income | 462,355 | 795,059 | 973,277 | 1,442,116 |
Net income per common share | .48 | .82 | 1.01 | 1.49 |
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.
