Cummins sees record 2023 revenue despite rough Q4

Full year 2023 revenue rose 21% y/y to a record $34.1 billion

U.S. regulatory claims that came to a head in the latter part of 2023 produced a negative impact on Cummins Inc.’s fourth quarter results but failed to overshadow its earnings for the year.

“High global demand for Cummins’ diverse set of innovative products drove record full-year revenues and operating cash…

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