Revenue decline of 45% YoY is severe for a sub-$10M market cap company. Monitor next quarterly filing for any signs of stabilization or restructuring actions. No guidance was provided, increasing uncertainty around near-term cash burn and potential going-concern risk.
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Executive Summary
Chicago Rivet & Machine reported Q2 2026 earnings with EPS of -$1.00, matching an unreported consensus estimate. The operating loss widened to -$1.5M from -$0.6M a year ago, driven by a sharp 45% revenue decline to $2.2M, reflecting continued weakness in the industrial rivet market.
Key Financial Metrics
Key Facts
- Q2 2026 revenue $2.249M, down 45.3% from $4.112M in Q2 2025
- Operating loss widened to -$1.505M from -$0.636M in Q2 2025
- Net loss per share -$1.00 vs -$0.19 in Q2 2025
- Diluted weighted average shares 1.507 million
- No guidance provided; no consensus estimate available
Financial Impact
Revenue fell ~45% YoY to $2.249M; operating loss tripled to -$1.505M; EPS dropped from -$0.19 to -$1.00.
Risk Factors
- Revenue decline of >40% YoY signals potential structural demand loss
- Operating losses deepening rapidly with no guidance to assess trajectory
- Micro-cap liquidity; limited analyst coverage heightens information asymmetry
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-prn-302845499 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 6, 2026 11w ago | Press Release | $10.61 $10.25 | ▲ +3.39% | ▲ +3.00% | $9.82 (+7.45%) |
May 14, 2026 23w ago | 8-K | $9.82 $10.20 | ▼ −3.87% | ▼ −1.75% | $9.82 (+0.00%) |
US Market Status
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