Chicago Rivet & Machine Q2 EPS $(1.36) Down From $0.16 YoY, Sales $8.05M Down From $9.02M YoY
Portfolio Pulse from Benzinga Newsdesk
Chicago Rivet & Machine (AMEX:CVR) reported Q2 losses of $(1.36) per share, a 950% decrease YoY. The company also reported $8.05M in sales, a 10.77% decrease YoY.
August 07, 2023 | 9:14 pm
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Chicago Rivet & Machine reported significant YoY losses in Q2, with EPS down 950% and sales down 10.77%.
The company reported a significant decrease in earnings and sales compared to the same period last year. This is likely to negatively impact the stock price in the short term.
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