
Cat Financial revenue rises 10% to $991 million
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Cat Financial, the financing subsidiary of Caterpillar (NYSE:CAT), reported second-quarter revenue of $991 million, up 10% year over year.
Cat Financial (NYSE:CAT) reported a paradoxical set of fourth-quarter results, where a 61% plunge in net profit to $139 million stood in stark contrast to a 38% rise in pre-tax earnings.