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

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NAPERVILLE, Ill., May 6, 2022 /PRNewswire/ --L, May 6, 2022.  Chicago Rivet & Machine Co. (NYSE American: CVR) today announced results for the first quarter of 2022 as summarized below:

 

CHICAGO RIVET & MACHINE CO.

Summary of Consolidated Results of Operations

For the Three Months Ended March 31


2022

2021

Net sales

$9,197,696

$9,304,949

Income before income taxes

570,313

690,128

Net income

447,313

540,128

Net income per common share

.46

.56

Average common shares outstanding

966,132

966,132


 (All figures subject to year-end audit)

 

 

 

 

Cision View original content:https://www.prnewswire.com/news-releases/chicago-rivet--machine-co-announces-first-quarter-results-of-operations-301541947.html

SOURCE Chicago Rivet & Machine Co.

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Chicago Rivet & Machine Co.

NYSE:CVR

CVR Rankings

#5220 Ranked by Market Cap
#4177 Ranked by Stock Gains
N/A Ranked by Dividends

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CVR Stock Data

Iron and Steel Forging
Manufacturing
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Producer Manufacturing, Metal Fabrication, Manufacturing, Iron and Steel Forging

About CVR

chicago rivet & machine co. operates in the fastener industry in north america. it operates in two segments, fasteners and assembly equipment. the fastener segment manufactures and sells rivets, cold-formed fasteners and parts, and screw machine products. the assembly equipment segment primarily manufactures and sells automatic rivet setting machines and assembly equipment, as well as parts and tools for related machines. the company sells its products to automobile and automotive component manufacturers through independent sales representatives. chicago rivet & machine co. was founded in 1920 and is headquartered in naperville, illinois.