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

(Moderate)

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Tags

earnings

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

11/07/2023 - 04:45 PM EST

NAPERVILLE, Ill., Nov. 7, 2023 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE American: CVR) today announced results for the third quarter of 2023 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
	2023	2022	2023	2022
Net sales	$7,946,172	$8,567,785	$24,726,828	$26,788,879
Income (loss) before income taxes	(1,215,042)	4,621,060	(3,617,685)	5,386,277
Net income (loss)	(964,042)	3,579,060	(2,858,685)	4,180,277
Net income (loss) per common share	(1.00)	3.71	(2.96)	4.33
Average common shares outstanding	966,132	966,132	966,132	966,132

(All figures subject to year-end audit)