Chicago Rivet & Machine Co. Reports Q1 2025 Results: Net Sales Decline, Net Income Rises to $401K, EPS at $0.42

Reuters
2025/05/10
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.

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