Lindsay (LNN) Misses Q1 EPS by 16c, Revenue Beats

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Lindsay Corporation Reports Fiscal 2022 First Quarter Results

January 6, 2022 6:45 AM EST

Solid demand for irrigation equipment continued in the first quarter across all geographies Irrigation revenues increase 50 percent in North America and 94 percent in international markets Infrastructure revenues decline slightly on lower Road Zipper System® project sales First quarter net earnings reduced by after-tax LIFO impact of $4.5 million, or $0.41 per diluted share

OMAHA, Neb.--(BUSINESS WIRE)-- Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced results for its first quarter of fiscal 2022, which ended on November... More