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

Rhea-AI Summary

Chicago Rivet & Machine Co (NYSE American: CVR) reported first-quarter 2026 results for the three months ended March 31. Net sales were $6,851,517 versus $7,245,635 in 2025. The company recorded an income loss before taxes of $379,658 and a net loss of $362,015, or ($0.37) per share. Average common shares outstanding were 966,132. All figures are subject to year-end audit.

AI-generated analysis. Not financial advice.

Positive

• Average common shares outstanding unchanged at 966,132
• Company continues to report consolidated results on a comparable basis for Q1 periods

Negative

• Net sales decreased from $7,245,635 in Q1 2025 to $6,851,517 in Q1 2026
• Income before taxes swung to a loss of $379,658 in Q1 2026 from income of $421,381 in Q1 2025
• Net loss of $362,015 in Q1 2026 compared with net income of $401,022 in Q1 2025
• Earnings per share fell to ($0.37) in Q1 2026 from $0.42 in Q1 2025

News Market Reaction – CVR

-12.28%

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-12.28% News Effect

On the day this news was published, CVR declined 12.28%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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WARRENVILLE, Ill., May 8, 2026 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE American: CVR) today announced results for the first quarter of 2026 as summarized below:

CHICAGO RIVET & MACHINE CO. Summary of Consolidated Results of Operations For the Three Months Ended March 31
	2026	2025
Net sales	$6,851,517	$7,245,635
Income (loss) before income taxes	(379,658)	421,381
Net income (loss)	(362,015)	401,022
Net income (loss) per common share	(.37)	.42
Average common shares outstanding	966,132	966,132
(All figures subject to year-end audit)

 

View original content:https://www.prnewswire.com/news-releases/chicago-rivet--machine-co-announces-first-quarter-results-of-operations-302767377.html

SOURCE Chicago Rivet & Machine Co.

FAQ

What were Chicago Rivet & Machine Co (CVR) net sales for Q1 2026?

Net sales for Q1 2026 were $6,851,517. According to Chicago Rivet & Machine Co, that compares with $7,245,635 in Q1 2025, and all figures are reported subject to year-end audit.

Did CVR report net income or a loss in the quarter ended March 31, 2026?

CVR reported a net loss of $362,015 for Q1 2026. According to Chicago Rivet & Machine Co, that contrasts with net income of $401,022 for the comparable 2025 quarter.

What was CVR's earnings per share for Q1 2026 and how does it compare to 2025?

Earnings per share were ($0.37) for Q1 2026. According to Chicago Rivet & Machine Co, that compares with $0.42 per share for Q1 2025, based on 966,132 average common shares outstanding.

How did CVR's pre-tax income change in Q1 2026 versus Q1 2025?

Income before taxes moved to a loss of $379,658 in Q1 2026. According to Chicago Rivet & Machine Co, this is a reversal from pre-tax income of $421,381 in Q1 2025.

Are CVR's Q1 2026 results final and audited?

The Q1 2026 figures are reported subject to year-end audit. According to Chicago Rivet & Machine Co, the consolidated results presented may be adjusted when the annual audit is completed.