Chicago Rivet & Machine Co. Announces Second Quarter Results of Operations
Chicago Rivet & Machine Co. Announces Second Quarter Results of Operations
PR Newswire
NAPERVILLE, Ill., Aug. 7, 2020
NAPERVILLE, Ill., Aug. 7, 2020 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE American: CVR) today announced results for the second quarter of 2020 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 | |||
2020 | 2019 | 2020 | 2019 | |
Net sales | $4,103,520 | $8,875,451 | $11,679,975 | $17,497,129 |
Income (loss) before income taxes | (1,100,516) | 290,559 | (1,028,948) | 658,401 |
Net income (loss) | (779,516) | 229,559 | (722,948) | 516,401 |
Net income (loss) per common share | (.81) | .24 | (.75) | .54 |
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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