PR Newswire
NAPERVILLE, Ill., Nov. 4, 2016
NAPERVILLE, Ill., Nov. 4, 2016 /PRNewswire/ -- Chicago
Rivet & Machine Co. (NYSE MKT, symbol: CVR) today announced results for the third quarter of 2016 as summarized below:
CHICAGO RIVET & MACHINE CO.
Summary of Consolidated Results of Operations
For the Three and Nine Months Ended September 30
|
|
Third Quarter
|
First Nine Months
|
|
2016
|
2015
|
2016
|
2015
|
Net sales
|
$8,854,274
|
$9,018,272
|
$28,271,399
|
$27,508,237
|
Income before income taxes
|
679,329
|
628,471
|
2,837,445
|
2,155,905
|
Net income
|
462,329
|
422,471
|
1,904,445
|
1,455,905
|
Net income per common share
|
.48
|
.44
|
1.97
|
1.51
|
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.