NAPERVILLE, Ill., Aug. 7, 2023 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE American: CVR) today announced results for the second quarter of 2023 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 |
| 2023 | 2022 | 2023 | 2022 |
Net sales | $8,050,931 | $9,023,398 | $16,780,656 | $18,221,094 |
Income (loss) before income taxes | (1,665,506) | 194,904 | (2,402,643) | 765,217 |
Net income (loss) | (1,311,506) | 153,904 | (1,894,643) | 601,217 |
Net income (loss) per common share | (1.36) | .16 | (1.96) | .62 |
Average common shares outstanding | 966,132 | 966,132 | 966,132 | 966,132 |
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(All figures subject to year-end audit) |
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SOURCE Chicago Rivet & Machine Co.