Chicago Rivet & Machine Co. Reports Q1 2025 Results: Net Sales Decline, Net Income Rises to $401K, EPS at $0.42
Chicago Rivet & Machine Co. reported its first quarter results for 2025, showing a decrease in net sales to $7.2 million from $7.9 million in the same period of 2024. Despite the drop in sales, the company experienced an improvement in its financial performance, with income before income taxes rising to $421,381, compared to a loss of $874,834 reported in the first quarter of 2024. The net income for the quarter was $401,022, a significant turnaround from the net loss of $698,004 in the previous year. Earnings per share stood at $0.42, reflecting the company's recovery from the prior year's losses. The number of average common shares outstanding remained consistent at 966,132.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chicago Rivet & Machine Co. published the original content used to generate this news brief via PR Newswire (Ref. ID: CG83908) on May 09, 2025, and is solely responsible for the information contained therein.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。