Lindsay Corporation - LNN STOCK NEWS

Lindsay Corporation (NYSE: LNN) is set to celebrate its 25th anniversary of being listed on the New York Stock Exchange by ringing the Closing Bell on Thursday, October 27. President & CEO Randy Wood will lead the ceremony alongside board members. In a statement, Wood expressed gratitude to shareholders for their support and reiterated the company's commitment to providing innovative solutions that conserve resources and enhance quality of life. Lindsay is recognized globally for its irrigation and infrastructure technology, notably through its Zimmatic® and FieldNET® brands.

Lindsay Corporation (NYSE: LNN) has declared a quarterly cash dividend of $0.34 per share, to be paid on November 30, 2022. Shareholders on record as of November 16, 2022 are eligible. The company has around 11.0 million shares outstanding as of October 18, 2022. Lindsay Corporation specializes in manufacturing irrigation and infrastructure equipment, supporting global agricultural and transportation needs. For more details, visit lindsay.com.

Lindsay Corporation (NYSE: LNN) reported a significant increase in earnings and revenues for the fourth quarter and full fiscal year ending August 31, 2022. Fourth quarter revenues reached $190.2 million, a 24% year-over-year increase, with net earnings of $17.9 million ($1.62 per share), up from $5.8 million in the previous year. For the full year, total revenues hit an all-time high of $770.7 million, a 36% increase, with net earnings of $65.5 million ($5.94 per share). Demand for irrigation equipment, especially in North America, was strong, driven by storm damage replacement sales.

Lindsay Corporation (NYSE: LNN) plans to release its financial results for the fiscal 2022 fourth quarter and year ended August 31, 2022, on October 20, 2022, before market opening. Management, including CEO Randy Wood and CFO Brian Ketcham, will host a conference call that day at 11:00 a.m. ET to discuss the results. Interested investors can pre-register for the teleconference or access it via the company's website. Lindsay Corporation is recognized for its innovation in irrigation and infrastructure equipment.

Lindsay Corporation (NYSE: LNN) announced today that Randy Wood, President and CEO, and Brian Ketcham, CFO, will present at the Midwest IDEAS Conference on August 24-25, 2022 in Chicago, IL. The presentation is scheduled for August 24 at 8:45 AM CT. Interested parties can access a webcast through the company's investor relations page. The IDEAS Conferences aim to provide investment opportunities for regional communities, backed by investors managing over $200 billion in assets.

Lindsay Corporation (NYSE: LNN) announced a quarterly cash dividend of $0.34 per share, an increase of 3.0% from the previous rate of $0.33. This dividend will be payable on August 31, 2022, to shareholders of record on August 17, 2022. The new annual dividend rate is $1.36, up from $1.32. As of June 25, 2022, the company has approximately 11.0 million shares outstanding, traded on the NYSE under the symbol LNN.

Lindsay Corporation (NYSE: LNN) reported a strong performance in its third quarter of fiscal 2022, with revenues increasing by 32% to $214.3 million and earnings per share (EPS) rising to $2.28. The irrigation segment saw a notable 35% revenue increase, fueled by strong international demand, particularly in Brazil, while infrastructure revenues grew by 17%. Operating income also improved, with irrigation's operating margin at 21%. Although inflation poses challenges, Lindsay remains optimistic about future growth in both irrigation and infrastructure sectors.

Lindsay Corporation (NYSE: LNN) plans to release its fiscal 2022 third quarter financial results on June 30, 2022, before market opening. Management, including CEO Randy Wood and CFO Brian Ketcham, will host a conference call at 11:00 a.m. ET to discuss the results. Investors can pre-register for the teleconference or dial in directly. The call will also be available for live streaming on the company's website, with a replay accessible afterward. Lindsay Corporation specializes in irrigation and infrastructure technology, established in 1955, with a strong focus on innovative solutions.

Lindsay Corporation (NYSE: LNN) has declared a quarterly cash dividend of $0.33 per share, payable on May 31, 2022, to shareholders of record on May 17, 2022. With approximately 11.0 million shares outstanding as of March 31, 2022, the dividend reflects the company's ongoing commitment to returning value to its shareholders. Lindsay Corporation is a global leader in irrigation and infrastructure equipment, continuously innovating to meet the needs of a growing population.