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

Chicago Rivet & Machine Co. (NYSE American: CVR) has reported its second quarter 2025 financial results, showing mixed performance.

Rhea-AI Summary

Chicago Rivet & Machine Co. (NYSE American: CVR) has reported its second quarter 2025 financial results, showing mixed performance. The company's net sales decreased to $7.3 million in Q2 2025, down from $8.1 million in Q2 2024. The company recorded a net loss of $395,000 ($0.41 per share) in Q2 2025, compared to a net income of $142,141 ($0.15 per share) in Q2 2024.

For the first six months of 2025, CVR posted a slight net income of $6,042 ($0.01 per share), an improvement from a net loss of $555,863 ($0.58 per share) in the same period of 2024. Total revenue for the first half reached $14.5 million, down from $15.9 million in the previous year.

Positive

• First half 2025 net income improved to $6,042 from a loss of $555,863 in 2024
• First half 2025 income before taxes improved to $6,333 from a loss of $721,320 in 2024

Negative

• Q2 2025 net sales declined 9.4% to $7.3M from $8.1M in Q2 2024
• Q2 2025 resulted in a net loss of $394,980 compared to a profit of $142,141 in Q2 2024
• First half 2025 revenue decreased 8.6% to $14.5M from $15.9M in 2024

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On Aug 11, the first trading day after this news, CVR closed 7.72% below the previous close.

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WARRENVILLE, Ill., Aug. 8, 2025 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE American: CVR) today announced results for the second quarter of 2025 as summarized below:

CHICAGO RIVET & MACHINE CO. Summary of Consolidated Results of Operations For the Three and Six Months Ended June 30
	Second Quarter		First Six Months
	2025	2024	2025	2024
Net sales	$7,298,077	$8,059,477	$14,543,712	$15,912,658
Income (loss) before income taxes	(415,048)	153,514	6,333	(721,320)
Net income (loss)	(394,980)	142,141	6,042	(555,863)
Net income (loss) per common share	(0.41)	0.15	0.01	(.58)
Average common shares outstanding	966,132	966,132	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-second-quarter-results-of-operations-302525353.html

SOURCE Chicago Rivet & Machine Co.

FAQ

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What were Chicago Rivet & Machine's (CVR) Q2 2025 earnings results?

CVR reported a net loss of $394,980 ($0.41 per share) in Q2 2025, compared to a net income of $142,141 ($0.15 per share) in Q2 2024. Net sales were $7.3 million, down from $8.1 million in Q2 2024.

How did Chicago Rivet & Machine (CVR) perform in the first half of 2025?

CVR reported a net income of $6,042 ($0.01 per share) for the first half of 2025, improving from a loss of $555,863 in the same period of 2024. Revenue was $14.5 million, down from $15.9 million year-over-year.

What was CVR's revenue for Q2 2025?

Chicago Rivet & Machine's revenue for Q2 2025 was $7.3 million, representing a 9.4% decrease from $8.1 million in Q2 2024.

How much did Chicago Rivet & Machine (CVR) earn per share in Q2 2025?

CVR reported a loss of $0.41 per share in Q2 2025, compared to earnings of $0.15 per share in Q2 2024.

What was CVR's income before taxes for the first half of 2025?

Chicago Rivet & Machine reported income before taxes of $6,333 for the first half of 2025, improving from a loss of $721,320 in the first half of 2024.