Truck engine maker Cummins Inc. on Tuesday reported first-quarter revenue that topped analysts’ expectations, boosted by strong global demand for its products.
Revenue for the first quarter was $8.5 billion, a record 32% increase compared to the first quarter of 2022, the company said.
The company reported first-quarter net income of $790 million, or $5.55 per share, compared with $418 million, or $2.92 per share, during the same year-ago period.
Wall Street expectations for the quarter called for...