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Caterpillar Reports First-Quarter 2023 Results
April 28, 2023
IRVING, Texas, April 28 (TNSres) -- Caterpillar, a manufacturer of construction and mining equipment, issued the following news release:

Caterpillar Inc. (NYSE: CAT) announced first-quarter 2023 sales and revenues of $15.9 billion, a 17% increase compared with $13.6 billion in the first quarter of 2022. The increase was primarily due to favorable price realization and higher sales volume.

Operating profit margin was 17.2% for the first quarter of 2023, compared with 13. . . .

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