Chicago Rivet & Machine Co. Announces Second Quarter Results of Operations
NAPERVILLE, Ill., Aug. 9, 2018 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE American, symbol: CVR) today announced results for the second quarter of 2018 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 | |||
2018 | 2017 | 2018 | 2017 | |
Net sales | $9,792,784 | $9,435,508 | $19,804,425 | $18,918,835 |
Income before income taxes | 914,092 | 671,355 | 1,825,880 | 1,442,277 |
Net income | 703,092 | 462,355 | 1,410,880 | 973,277 |
Net income per common share | .73 | .48 | 1.46 | 1.01 |
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.
