EX-99.1 2 ex99-1.htm PRESS RELEASE ex99-1.htm
 
 


Exhibit 99.1

FOR IMMEDIATE RELEASE


Chicago Rivet & Machine Co. Announces Third Quarter Results of Operations.
Naperville, IL, November 7, 2007.  Chicago Rivet & Machine Co. (Amex, symbol: CVR) today
announced results for the third quarter of 2007 as summarized below:


CHICAGO RIVET & MACHINE CO.
Summary of Consolidated Results of Operations
For the Three and Nine Months Ended September 30


   
Third Quarter
    
First Nine Months
  
   
2007
    
2006
    
2007
    
2006
  
Net sales and lease revenue
   $
9,043,603
     $
9,132,463
     $
29,121,499
     $
31,130,780
  
Income before income taxes
    
540,101
      
350,179
      
1,775,772
      
1,634,989
  
Net income
    
372,101
      
238,179
      
1,205,772
      
1,095,989
  
Net income per share
    
.39
      
.24
      
1.25
      
1.13
  
Average shares outstanding
    
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