Welcome to our dedicated page for Lindsay news (Ticker: LNN), a resource for investors and traders seeking the latest updates and insights on Lindsay stock.
Overview of Lindsay Corporation
Lindsay Corporation (LNN) has established itself as a global innovator in irrigation technology, water management, and infrastructure equipment over the past six decades. With a pioneering spirit in center pivot and lateral move irrigation systems, Lindsay not only provides cutting‐edge agricultural solutions but also advances road safety through its comprehensive range of infrastructure products. The company operates across diverse global markets, leveraging advanced technology and engineering expertise to deliver integrated solutions that address the needs of modern agriculture and transportation sectors.
Irrigation Solutions and Technological Integration
The irrigation segment stands as the company’s cornerstone, where Lindsay has developed a reputation for designing irrigation systems that optimize water usage and enhance crop yields. Its product suite includes center pivot, lateral move, and hose reel irrigation systems complemented by innovative technology such as GPS positioning, wireless M2M communications, variable rate irrigation, and remote management platforms. FieldNET Advisor and related remote irrigation management tools exemplify how the company uses real-time data, agronomic insights, and advanced telemetry to enable precise water application, reduce input costs, and boost overall farming efficiency.
Infrastructure and Road Safety Innovations
Lindsay’s commitment to excellence extends into the infrastructure segment, where it designs and manufactures products that improve road safety and traffic management. Its innovative crash cushion systems, including solutions like the TAU-XR, are engineered for rapid installation and durability. These products cater to developed and emerging markets where efficient, low-maintenance solutions are crucial for modernizing transportation infrastructure. The company’s approach combines rigorous engineering with practical design, ensuring that infrastructure products not only meet safety standards but also provide ease of maintenance and cost-effectiveness over the long term.
Engineering Expertise and Integrated Solutions
What sets Lindsay apart is its integrated approach to solving complex challenges in both agriculture and transportation. The company brings together consultative engineering services with state-of-the-art equipment, enabling clients to benefit from a single source of dependable technology and support. This integration is seen in the way its irrigation systems are enhanced with remote management capabilities and how its infrastructure products are designed to streamline installation and maintenance processes.
Market Position and Global Reach
Lindsay’s operational excellence is underpinned by decades of research and development, making it a trusted partner for both agricultural stakeholders and transportation agencies. With its irrigation systems in over 90 countries and a significant revenue base in regions like the United States, Lindsay occupies a distinctive market niche. Its emphasis on customer feedback and continuous technological improvement further underscores its role as a sustainability-focused yet commercially robust manufacturer in an increasingly competitive global market.
Commitment to Quality and Continuous Innovation
The company’s sustained success is a testament to its commitment to quality, reliability, and customer-centric innovation. By listening to the needs of growers and transportation authorities alike, Lindsay maintains a dynamic approach to product development. Whether it is through sophisticated remote management platforms that revolutionize irrigation scheduling or through infrastructure products that ensure safer roadways, Lindsay consistently demonstrates its capacity to meet and exceed industry expectations.
Key Features and Industry Applications
- Innovative Irrigation Systems: Center pivot and lateral move technologies that are optimized for varied terrains.
- Advanced Remote Management: Integrated platforms offering real-time data, analysis, and actionable insights for efficient water use.
- Engineered Infrastructure Solutions: Crash cushion systems and other road safety products designed for durability and rapid deployment.
- Global Engineering Services: Consultative support that merges state-of-the-art technology with practical field insights for large-scale agricultural and transportation projects.
Understanding Lindsay's Business Model
Lindsay derives its success from a balanced approach that integrates direct sales of technologically advanced irrigation and infrastructure products with consultative services tailored for large agricultural investors and public safety entities. In its irrigation segment, revenue is driven largely by innovative product systems and technology subscriptions that simplify field management decisions, thereby supporting increased crop productivity and resource conservation. The infrastructure division reinforces this by offering products that are both user-friendly and engineered to meet stringent safety standards.
Conclusion
In summary, Lindsay Corporation is a multifaceted enterprise dedicated to solving critical challenges in water management and road safety through innovative technology and engineering expertise. Its dual focus on irrigation and infrastructure, supported by advanced remote management systems and customer-responsive innovations, positions it as a resilient and knowledgeable player in a dynamic, global market. The company continues to evolve by integrating industry insights, technological advancement, and customer feedback, ensuring its solutions remain relevant and effective for a diverse range of applications.
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.
Lindsay Corporation (NYSE: LNN) reported a 39% increase in Q2 revenues to $200.1 million, with EPS of $1.32, up from $1.08 year-over-year. The irrigation segment saw a 52% revenue boost, largely driven by strong agricultural markets, while infrastructure revenue dropped 23% due to lower Road Zipper System® sales. Operating income in the irrigation segment rose 37% to $24.7 million, whereas the infrastructure segment's income plummeted 95% to $0.3 million. The backlog of unfilled orders grew to $111 million. The outlook remains cautious due to inflation and supply chain concerns.
Lindsay Corporation (NYSE: LNN) has announced a strategic partnership with Blyncsy, an AI and machine learning firm, to enhance its RoadConnect platform. This partnership integrates Blyncsy's Payver™ technology, providing real-time detection for roadway conditions, aiming to improve response times by up to 90% and reduce personnel exposure risks by 70%. The collaboration is expected to create exclusive features that will differentiate RoadConnect in the market, supporting Lindsay's goal to deliver smarter, safer roadways.
Lindsay Corporation (NYSE: LNN) will release its fiscal 2022 Q2 financial results on April 5, 2022, prior to market opening. The results cover the period ending February 28, 2022. A conference call with management, including CEO Randy Wood and CFO Brian Ketcham, will be held at 11:00 a.m. ET the same day to discuss the financial outcomes. Interested investors can pre-register for the call via a provided link. The call will be accessible on the company's website for live streaming and replays.
Lindsay Corporation (NYSE: LNN) has announced that President & CEO Randy Wood and CFO Brian Ketcham will present at the Gabelli 32nd Annual Pump, Valve & Water Systems Symposium on February 24, 2022. Their presentation is scheduled for 12:00 p.m. ET, alongside one-on-one meetings throughout the day. A live and archived webcast is available on the company’s investor relations page. Lindsay Corporation is a global leader in manufacturing and distributing irrigation and infrastructure technology, established in 1955, aiming to meet the needs of a growing population.
Lindsay Corporation (NYSE: LNN) declared a quarterly cash dividend of
Lindsay Corporation reported strong first quarter results for fiscal 2022, with revenues increasing by 53% to $166.2 million compared to $108.5 million in the prior year. Net earnings rose to $7.9 million or $0.72 per diluted share, despite a $4.5 million LIFO accounting impact. The irrigation segment saw significant growth, particularly in North America (up 50%) and international markets (up 94%). However, infrastructure revenues declined slightly by 4%. The company's backlog of unfilled orders increased to $154.8 million, reflecting ongoing strong demand.
Lindsay Corporation (NYSE: LNN) will release its financial results for Q1 fiscal 2022, ending November 30, 2021, on January 6, 2022. The announcement will precede a conference call at 11:00 a.m. ET, led by CEO Randy Wood and CFO Brian Ketcham. Investors can register for the call or join live via the company’s investor relations website. Lindsay Corporation is a major player in irrigation and infrastructure technology, providing innovative solutions to global challenges.
Lindsay Corporation (NYSE: LNN) has appointed Michael Stern as an innovation advisor, effective December 16, 2021. Stern, who previously led The Climate Corporation and worked at Bayer, will advise CEO Randy Wood on technology product strategies, marketing, business development, and partnerships. Stern's expertise in data-driven agriculture and sustainable farming practices is expected to enhance Lindsay's commitment to innovation in irrigation and infrastructure solutions.
Lindsay Corporation (NYSE: LNN), a leader in irrigation and infrastructure technology, announces participation in the Baird 2021 Global Industrial Conference on November 10, 2021, at 4:55 p.m. ET. Randy Wood, CEO, and Brian Ketcham, CFO, will present and engage in one-on-one investor calls on the same day. Investors can access the live and archived webcast through the company’s website. Lindsay Corporation, established in 1955, focuses on innovative solutions for agriculture and transportation needs, including Zimmatic® irrigation systems and Barrier Systems® for road safety.
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