Cummins(CMI) - 2024 Q1 - Quarterly Results

EXHIBIT 99 May 2, 2024 • First quarter revenues of $8.4 billion; GAAP 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 separation of Atmus. • Full year revenues are ex ...