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 (NYSE: LNN), a global leader in irrigation and infrastructure equipment manufacturing, has announced a quarterly cash dividend of $0.36 per share. The dividend will be paid on May 30, 2025, to shareholders recorded as of May 16, 2025. The company currently has approximately 10.9 million shares outstanding traded on the New York Stock Exchange under the symbol LNN.
Lindsay (NYSE: LNN) reported strong second quarter fiscal 2025 results with record quarterly net earnings. Total revenues increased 23% to $187.1 million, driven by international project volume and infrastructure growth.
Key financial highlights include:
- Net earnings up 47% to $26.6 million
- Diluted EPS increased 49% to $2.44
- Operating income rose 45% to $32.1 million
- Operating margin improved to 17.2%
The irrigation segment saw 11% revenue growth to $148.1 million, with international irrigation revenues up 42% to $71.0 million, offsetting a 7% decline in North America. The infrastructure segment showed remarkable growth with revenues more than doubling to $38.9 million, primarily due to a large Road Zipper System project. The company's backlog stands at $127.0 million, up from $94.2 million year-over-year.
Lindsay (NYSE: LNN) has announced its upcoming fiscal 2025 second quarter earnings release and conference call schedule. The company will release its financial results for the quarter ended February 28, 2025, before market opens on Thursday, April 3, 2025.
The earnings conference call will be held the same day at 11:00 a.m. ET, featuring President and CEO Randy Wood and CFO Brian Ketcham. Investors can pre-register for the teleconference or dial in directly using provided numbers. The call will include a slide presentation and will be simulcast live on the company's website investor relations section.
Lindsay (NYSE: LNN), a global manufacturer and distributor of irrigation and infrastructure equipment and technology, has announced a quarterly cash dividend of $0.36 per share. The dividend will be payable on February 28, 2025, to shareholders of record as of February 14, 2025. The company currently has approximately 10.9 million shares outstanding, which are traded on the New York Stock Exchange under the symbol LNN.
Lindsay (NYSE: LNN) reported fiscal 2025 first quarter results with consolidated revenues of $166.3 million, up 3% from $161.4 million in the prior year. The growth was driven by a 37% increase in international irrigation revenues to $69.4 million, particularly from projects in the Middle East and North Africa region.
Net earnings reached $17.2 million, or $1.57 per diluted share, representing a 14% increase from $15.0 million ($1.36 per share) in the previous year. North America irrigation revenues declined 13% to $77.7 million due to lower unit sales volume and reduced demand amid projected lower farm income. The infrastructure segment saw a 9% revenue decrease to $19.2 million but improved operating margins to 21.5%.
Post-quarter, Lindsay secured a Road Zipper System contract valued at over $20 million for second quarter delivery and acquired a minority stake in Pessl Instruments GmbH. The company's backlog stood at $168.2 million, significantly higher than $86.8 million in the prior year.
Lindsay (NYSE: LNN) has completed its acquisition of a 49.9% minority interest in Austria-based Pessl Instruments, advancing its position in agricultural technology solutions. The strategic partnership, initially announced in May 2023, combines Lindsay's FieldNET™ and FieldNET Advisor™ irrigation management platforms with Pessl's METOS™ weather stations and FieldClimate software.
Pessl's infrastructure includes over one million sensors connected to 100,000 in-field data collection devices globally, serving 50,000 active customers. The integration enables producers to access comprehensive data from in-field sensors for optimizing crop management, water usage, fertilizer application, and pesticide use.
Lindsay holds an option to acquire the remaining stake in Pessl at a later date. The acquisition, previously announced on April 3, 2024, has received all necessary regulatory approvals.
Lindsay (NYSE: LNN) has announced it will release its fiscal 2025 first quarter financial results, for the period ended November 30, 2024, before market opens on Tuesday, January 7, 2025. The company will host a conference call at 11:00 a.m. ET on the same day, led by President and CEO Randy Wood and CFO Brian Ketcham.
Investors can pre-register for the teleconference or dial in directly. The call will also be available via live webcast through the company's website, along with supplementary slide presentations. Call recordings will remain accessible on Lindsay's website until the next quarterly earnings release.
Lindsay (NYSE: LNN), a global manufacturer of irrigation and infrastructure equipment, announced a quarterly cash dividend of $0.36 per share. The dividend will be paid on November 29, 2024, to shareholders recorded as of November 15, 2024. The company currently has approximately 10.8 million shares outstanding traded on the NYSE under the symbol LNN.
Lindsay (NYSE: LNN) reported Q4 FY2024 results with revenues of $155.0 million, down 7% from $167.1 million in Q4 FY2023. Net earnings decreased to $12.7 million ($1.17 per share) from $19.2 million ($1.74 per share). North America irrigation revenues increased 2% to $61.7 million, while international irrigation revenues declined 23% to $64.2 million. Infrastructure segment showed improvement with revenues up 24% to $29.1 million. Full-year FY2024 revenues were $607.1 million, down 10% from $674.1 million, with net earnings of $66.3 million ($6.01 per share). The company's backlog increased to $180.9 million from $78.7 million year-over-year.
Lindsay (NYSE: LNN) has announced its plans to release financial results for the fiscal 2024 fourth quarter and fiscal year ended August 31, 2024. The results will be released before the market opens on Thursday, October 24, 2024. A conference call to discuss the results will be hosted by management, including Randy Wood, President and CEO, and Brian Ketcham, Senior VP and CFO, on the same day at 11:00 a.m. ET.
Investors can pre-register for the teleconference or dial in directly. The call will also be simulcast live online via the company's website. A slide presentation will be available to supplement the formal presentation, accessible through Lindsay's website. Replays of the conference call will remain available on the website until the next quarterly earnings release.