Cummins Inc. reported a 5% increase in fourth-quarter revenues to $5.8 billion and a GAAP net income of $501 million. Full year revenues were $19.8 billion with a GAAP net income of $1.8 billion. The company projects full year 2021 revenues to be up 8 to 12 percent.
Fourth quarter revenues increased by 5% to $5.8 billion.
GAAP Net Income for the fourth quarter was $501 million.
Full year revenues were $19.8 billion.
The company expects full year 2021 revenues to be up 8 to 12 percent.
Cummins projects full year 2021 revenues to be up 8 to 12 percent, and EBITDA to be in the range of 15.0 and 15.5 percent of sales.
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