Cummins(CMI) - 2024 Q3 - Quarterly Results

EXHIBIT 99 News Release November 5, 2024 Cummins Reports Strong Third Quarter 2024 Results • Third quarter revenues of $8.5 billion; GAAP Net Income of $809 million, or 9.6% of sales • EBITDA in the third quarter was 16.4% of sales; Diluted EPS of $5.86 • The company is maintaining its full year 2024 revenue guidance of down 3% to flat. • EBITDA is now expected to be approximately 15.5% compared to previous guidance of 15.0% to 15.5%. 1 COLUMBUS, IND. - Cummins Inc. (NYSE: CMI) today reported results for th ...