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.
About Lindsay Corporation
Lindsay Corporation (NYSE: LNN) is a globally recognized manufacturer and distributor of innovative solutions in the fields of irrigation systems and road infrastructure technologies. Established in 1955, the company has spent decades addressing critical global challenges such as sustainable water management for agriculture and improved road safety for transportation networks. With operations spanning over 90 countries, Lindsay has positioned itself as a key player in industries that are essential to supporting the world’s growing population and urbanization trends.
Core Business Segments
Irrigation Division
Lindsay’s Irrigation Division is a pioneer in the field of center pivot and lateral move irrigation systems, offering advanced solutions designed to optimize agricultural productivity. The division provides a comprehensive range of products and services, including GPS-guided systems, variable rate irrigation, wireless telemetry, and IoT-enabled platforms like FieldNET™ and FieldNET Advisor™. These technologies empower growers to make data-driven decisions, conserve water resources, and increase crop yields. By integrating real-time monitoring and predictive analytics, Lindsay’s irrigation solutions cater to the needs of both small-scale farmers and large agricultural enterprises, helping them achieve operational efficiency and sustainability.
Infrastructure Division
The Infrastructure Division, marketed under Lindsay Transportation Solutions, focuses on enhancing road safety and traffic management through innovative products such as the Road Zipper™ movable barrier system, Barrier Systems™, and advanced crash cushion technologies like the TAU-XR™. These solutions are designed to improve roadway efficiency, reduce congestion, and protect lives. With features such as rapid installation and cost-effective maintenance, Lindsay’s infrastructure products address the needs of both developed and emerging markets, making them a reliable choice for contractors and government agencies worldwide.
Market Position and Differentiation
Lindsay Corporation stands out in its industries through its commitment to innovation, customer-centric design, and sustainability. The company’s proprietary technologies, such as the FieldNET platform for remote irrigation management and the TAU-XR crash cushion for road safety, demonstrate its ability to integrate advanced engineering with real-world applications. By addressing the specific needs of growers and transportation authorities, Lindsay has built a reputation for delivering solutions that are both practical and forward-thinking.
Significance in the Industry
Operating at the intersection of agriculture and infrastructure, Lindsay Corporation plays a vital role in supporting global food production and transportation safety. Its irrigation systems help optimize water usage in agriculture, a critical concern in regions facing water scarcity. Meanwhile, its road safety products contribute to reducing traffic-related fatalities and improving the efficiency of transportation networks. This dual focus aligns Lindsay with global priorities such as sustainability, resource efficiency, and urban development.
Conclusion
In summary, Lindsay Corporation leverages decades of expertise and cutting-edge technology to deliver impactful solutions in irrigation and road infrastructure. By addressing the challenges of water management and transportation safety, the company has established itself as a trusted partner for farmers, governments, and contractors worldwide. Its dedication to innovation, sustainability, and customer satisfaction ensures its continued relevance in two of the most essential industries of our time.
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.
On July 8, 2021, Lindsay Corporation (NYSE: LNN) announced that Reece Andrews, their senior product manager for FieldNET and Zimmatic Controls, was awarded Innovator of the Year by the Irrigation Association. With 24 years at Lindsay, Andrews has developed numerous technologies that enhance crop health and sustainability. His innovations, including the ultra-low cost FieldNET Pivot Watch, have previously garnered accolades, making him a recognized leader in irrigation technology. Lindsay's President praised Andrews for his focus on grower needs and contributions to making FieldNET the top irrigation management platform.
Lindsay Corporation (NYSE: LNN) has declared a quarterly cash dividend of $0.33 per share, payable on August 31, 2021, to shareholders on record as of August 17, 2021. With approximately 10.9 million shares outstanding, Lindsay continues to prioritize return on investment for its shareholders. Established in 1955, the company specializes in irrigation and infrastructure solutions, catering to the global demand for food and transportation. Their brands include Zimmatic® irrigation systems and Lindsay Transportation Solutions.
Lindsay Corporation (NYSE: LNN) reported strong Q3 fiscal 2021 results, with revenues of $161.9 million, a 32% increase from $123.1 million in Q3 2020. Net earnings rose to $17.8 million, or $1.61 per diluted share, up from $10.1 million, or $0.93 per share last year. The irrigation segment led with revenues of $140.2 million (+47%), bolstered by higher sales volumes and prices. However, the infrastructure segment saw a 21% revenue decline to $21.8 million due to lower Road Zipper System sales, impacted by COVID-19 delays. The backlog of unfilled orders increased to $120.8 million.
Lindsay Corporation (NYSE: LNN) will release its fiscal 2021 third quarter financial results on July 1, 2021, before market opens. CEO Randy Wood and CFO Brian Ketcham will discuss the results during a conference call at 11:00 a.m. ET. Investors can pre-register for the call and access it via the company’s website. Lindsay Corporation, established in 1955, specializes in irrigation and infrastructure equipment, focusing on innovative solutions to meet global demands in agriculture and transportation.
Lindsay Corporation (NYSE: LNN) announced participation in the Stifel 2021 Virtual Cross Sector Insight Conference from June 8-10, 2021. Randy Wood, President and CEO, and Brian Ketcham, SVP and CFO, will host a fireside chat on June 10 at 10:00 a.m. ET, available for live viewing on the company’s investor relations webpage. Lindsay Corporation is a leader in irrigation and infrastructure solutions, providing innovative products to meet global needs in agriculture and transportation. For more information, visit www.lindsay.com.
Lindsay Corporation (NYSE: LNN) has announced its participation in the Oppenheimer 16th Annual Industrial Growth Conference, scheduled for May 4-5, 2021. President and CEO Randy Wood, along with CFO Brian Ketcham, will engage in a fireside chat on May 4 at 12:45 p.m. ET. The chat will be webcast live and available on the company’s website. Lindsay Corporation, founded in 1955, specializes in irrigation and infrastructure equipment, including Zimmatic and FieldNET. It also leads in transportation solutions with brands like Barrier Systems and Road Zipper.
FAQ
What is the current stock price of Lindsay (LNN)?
What is the market cap of Lindsay (LNN)?
What does Lindsay Corporation do?
What are Lindsay's main business segments?
How does Lindsay's irrigation technology work?
What is the Road Zipper system by Lindsay?
Where does Lindsay Corporation generate most of its revenue?
What industries does Lindsay serve?
What makes Lindsay's infrastructure solutions unique?
How does Lindsay address sustainability?
