Single-season revenue surpasses $20 billion for the first time! Caterpillar (CAT.US) Q2 financial report significantly exceeds expectations, soaring 11% in pre-market trading.

According to a report from Zhitong Finance APP, thanks to strong demand for power generation equipment, construction machinery, and mining products, heavy equipment manufacturer Caterpillar (CAT.US) reported record-breaking second-quarter financial results on Tuesday, significantly surpassing Wall Street expectations and jumping over 11% in pre-market trading. As of Monday's close, the stock has risen 45% year-to-date.