PACCAR said it reported Q1 2024 revenues of $8.74 billion (vs. $8.47 billion a year earlier) and net income of $1.20 billion ($2.27 per diluted share). Net income a year earlier was $733.9 million ($1.40 per diluted share).

1. 01

   PACCAR said it reported Q1 2024 revenues of $8.74 billion (vs. $8.47 billion a year earlier) and net income of $1.20 billion ($2.27 per diluted share). Net income a year earlier was $733.9 million ($1.40 per diluted share).

2. 02

   The company said Q1 2023 net income included a pretax one-time charge of $600.0 million ($446.4 million after tax) related to civil litigation in Europe (EC-related claims). Excluding this charge, adjusted net income (non-GAAP) was $1.18 billion ($2.25 per diluted share).

3. 03

   PACCAR reported net cash provided by operating activities of $1,469.0 million for Q1 2024 ($684.8 million a year earlier), and payments of cash dividends of $1,816.5 million ($1,105.3 million a year earlier).

4. 04

   The company said PACCAR Parts revenues for Q1 2024 were $1.68 billion ($1.62 billion a year earlier), and pretax income was $455.8 million ($438.6 million a year earlier), both quarterly records.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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