Lindsay Corporation - LNN STOCK NEWS

Lindsay Corporation (NYSE: LNN) declared a quarterly cash dividend of $0.33 per share, payable on February 28, 2022, to shareholders on record as of February 14, 2022. As of January 4, 2022, the company had approximately 11.0 million shares outstanding. Lindsay is a global leader in manufacturing irrigation and infrastructure technology, providing solutions for the growing global population's food, fuel, and transportation needs.

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.

Lindsay Corporation (NYSE: LNN) has declared a quarterly cash dividend of $0.33 per share, payable on November 30, 2021, to shareholders of record by the close of business on November 16, 2021. As of October 19, 2021, the company has approximately 10.9 million shares outstanding. Lindsay Corporation is a leading manufacturer of irrigation and infrastructure equipment, committed to innovative solutions for global agricultural and transportation needs since 1955.

Lindsay Corporation (NYSE: LNN) reported a 63% increase in fourth-quarter irrigation revenues, hitting $125.3 million, contributing to overall quarterly revenues of $153.6 million, up 20% year-over-year. However, the infrastructure segment saw a 45% decline in revenue to $28.4 million. Net earnings fell to $5.8 million or $0.53 per diluted share, adversely impacted by $4.5 million after-tax LIFO effects. Despite challenges, including raw material costs and project delays, a backlog of orders rose to $149.1 million, suggesting future growth potential.

Lindsay Corporation (NYSE: LNN) will release its fiscal 2021 fourth-quarter and full-year financial results on October 21, 2021, before market opening. A conference call with CEO Randy Wood and CFO Brian Ketcham will occur at 11:00 a.m. ET the same day. Investors can pre-register for the call or access it via the company's website. Lindsay Corporation, established in 1955, specializes in irrigation and infrastructure solutions and is known for its Zimmatic® and FieldNET® brands.

Lindsay Corporation (NYSE: LNN) announced participation in the virtual Midwest IDEAS Conference on August 25-26, 2021. CEO Randy Wood and CFO Brian Ketcham will engage in one-on-one investor calls on August 25. A webcast of their presentation will be available at 7:30 a.m. CDT on the same day via Lindsay's investor relations website and the conference site. Established in 1955, Lindsay Corporation specializes in irrigation and infrastructure solutions, catering to the growing demands of food and transportation.