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.
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