Strong demand from Europe and other international markets helped Paccar post a 5. 1 percent profit gain in its second quarter, the Bellevue-based...
Strong demand from Europe and other international markets helped Paccar post a 5.1 percent profit gain in its second quarter, the Bellevue-based truck maker reported today.
It reported profit of $313.5 million, or 86 cents a share, compared with $298.3 million, or 79 cents a share, in the year-earlier period.
Its revenue climbed 10.5 percent, to $4.11 billion in the latest period from $3.72 billion a year ago.
Paccar said more than 65 percent of its revenue came from outside the United States.
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The strong results pushed Paccar stock up $1.58, or 3.7 percent, to $44.30 with about an hour of trading to go.