Attached files
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| 8-K - 8-K - CHICAGO RIVET & MACHINE CO | cvr8k.htm |
Exhibit 99.1
FOR IMMEDIATE RELEASE
Chicago Rivet & Machine Co. Announces Third Quarter Results of Operations.
Naperville, IL, November 8, 2011. Chicago Rivet & Machine Co. (NYSE Amex, symbol: CVR) today announced results for the third quarter of 2011 as summarized below:
CHICAGO RIVET & MACHINE CO.
Summary of Consolidated Results of Operations
For the Three and Nine Months Ended September 30
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Third Quarter
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First Nine Months
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2011
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2010
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2011
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2010
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Net sales
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$ | 7,821,606 | $ | 6,950,274 | $ | 23,770,078 | $ | 21,650,200 | ||||||||
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Income before income taxes
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471,640 | 154,993 | 1,521,183 | 815,922 | ||||||||||||
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Net income
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317,640 | 105,993 | 1,022,183 | 559,922 | ||||||||||||
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Net income per share
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.33 | .11 | 1.06 | .58 | ||||||||||||
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Average shares outstanding
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966,132 | 966,132 | 966,132 | 966,132 | ||||||||||||
(All figures subject to year-end audit)
Contact:
Kimberly A. Kirhofer
Chicago Rivet & Machine Co.
(630) 357-8500