Cummins(CMI) - 2024 Q1 - Quarterly Results
CMICummins(CMI)2024-05-02 19:46

EXHIBIT 99 May 2, 2024 Cummins Reports First Quarter 2024 Results • First quarter revenues of $8.4 billion; GAAP1 Net Income of $2.0 billion • EBITDA in the first quarter was 30.6% of sales; Diluted EPS of $14.03 • First quarter results include a net gain of $1.3 billion, or $9.08 per diluted share, related to the separation of Atmus and $29 million, or $0.15 per diluted share, of restructuring expenses. • The company is raising its guidance for full year 2024 revenue and EBITDA after adjusting for the sepa ...