Lindsay (LNN) Tops Q1 EPS by 37c

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Go back to Lindsay (LNN) Tops Q1 EPS by 37c

Lindsay Corporation Reports Fiscal 2023 First Quarter Results

January 5, 2023 6:45 AM EST

First quarter net earnings more than double to $18.2 million and EPS improves to $1.65 Irrigation revenues increase 4 percent on higher pricing and solid demand across core markets Infrastructure revenues increase 19 percent on higher Road Zipper System® sales

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 which ended on November 30, 2022.

First Quarter Summary

Revenues for the first quarter of fiscal 2023 were $176.2 million, an... More