AI Prospecting for Cummins

Cummins reported strong Q3 2024 results, with revenues of $8.5 billion, flat to Q3 2023, and net income of $809 million, up from $656 million last year. EBITDA was $1.4 billion, or 16.4% of sales. The company maintained its full-year 2024 revenue guidance and raised EBITDA expectations to 15.5%[1][2][4].

Cummins Inc. announced that Accelera by Cummins was awarded $75 million from the Department of Energy for zero-emissions manufacturing, and they launched next-generation hydrogen and electric solutions for commercial vehicles, including a battery-electric F-Series in partnership with Isuzu[2][4].

Cummins Inc. announced that Senior Vice President Tony Satterthwaite will retire on September 15, 2024, after 36 years of leadership, marking a significant change in the company's leadership structure[1][4]. Cummins India Limited reported a 20% increase in total sales for the quarter ended March 31, 2024, compared to the same quarter last year, highlighting strong financial performance[1]. Cummins and Kenworth will start production of Kenworth's T680 and T880 trucks with Cummins' X15N natural gas engine in the third quarter of 2024, expanding their natural gas-powered offerings[2]. Cummins India launched the "REDEFINE 2024" B-school case study competition, focusing on digital solutions for sustainability and ESG reporting, engaging students from 18 premier business schools in India[3].