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.
Lindsay Corporation (NYSE: LNN) is described in its public communications as a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology. News about LNN often highlights developments across its two reportable segments, Irrigation and Infrastructure, as well as capital allocation decisions and corporate governance updates.
On this page, readers can follow company-issued press releases and other coverage related to Lindsay’s irrigation business, which includes Zimmatic™ center pivot and lateral move systems, FieldNET™ and FieldWise™ remote irrigation management platforms, FieldNET Advisor™ scheduling technology and SmartPivot™ solutions such as TowerWatch™. News items also discuss large-scale irrigation and technology projects in regions such as the Middle East and North Africa, South America and Brazil, where Lindsay supplies Zimmatic systems and FieldNET technology to support localized food production and sustainable agriculture initiatives.
For the Infrastructure segment, news typically covers sales and leasing activity for Road Zipper System™ projects, demand for road safety products, and performance of brands such as Barrier Systems™, Road Zipper™ and Snoline™. Earnings releases provide segment revenue trends, operating margins and commentary on market conditions in North America and international markets.
Investors and analysts can also use this news feed to monitor announcements about quarterly and annual financial results, regular cash dividends, share repurchase authorizations, executive appointments, board changes and management incentive plans, many of which are also reflected in related Form 8-K filings. Bookmarking this page allows users to quickly review Lindsay Corporation’s latest company-reported developments in irrigation technology, transportation infrastructure equipment and corporate strategy.
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.
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.