Chicago Rivet & Machine Co. Announces Third Quarter Results of Operations

NAPERVILLE, Ill., Nov. 8, 2019 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE American: CVR) today announced results for the third quarter of 2019 as summarized below:

                                      
          
              CHICAGO RIVET & MACHINE CO.

                             
            
            Summary of Consolidated Results of Operations

                           
            
            For the Three and Nine Months Ended September 30


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                                                                                                   Third Quarter                  First Nine Months

                                                                                                                    ---

                                                                                          2019       2018            2019        2018

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       Net sales                                                                   $8,188,905 $8,856,049     $25,686,034 $28,660,474

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       Income before income taxes                                                     414,797    363,749       1,073,198   2,189,629

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       Net income                                                                     315,797    287,749         832,198   1,698,629

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       Net income per common share                                                        .32        .30             .86        1.76

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       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.