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 (LNN) reports news around its irrigation and infrastructure equipment businesses. The company manufactures and distributes Zimmatic center pivot and lateral move irrigation systems, FieldNET and FieldWise remote irrigation management technology, FieldNET Advisor irrigation scheduling technology, and industrial IoT solutions for agricultural water management.
Recurring updates include quarterly operating results for the Irrigation and Infrastructure segments, demand conditions in North America and international project activity, regular cash dividends, share repurchases, and product launches for transportation safety. Infrastructure news includes Lindsay Transportation Solutions products and brands such as Road Zipper, Snoline, Road Runner truck-mounted attenuators, and AlphaGuard channelizing devices for road, work-zone, and perimeter safety applications.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Lindsay (NYSE: LNN) has announced its plans to release financial results for the third quarter ended May 31, 2023 before the market opens on Thursday, June 29, 2023. The company, a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, will host a conference call and webcast on the same day at 11:00 a.m. ET.
Executive Management, including Randy Wood, President and CEO, and Brian Ketcham, Senior VP and CFO, will lead the earnings call. Investors can pre-register for the call or dial in directly. The conference call will also be simulcast live on the Internet via the company's website, www.lindsay.com. A slide presentation will be available to supplement the formal presentation.
Summary not available.
Lindsay (NYSE: LNN) and Pessl Instruments have announced a strategic global partnership to integrate Pessl's field monitoring systems with Lindsay's FieldNET® remote irrigation management platform. This collaboration aims to provide growers with enhanced access to water management solutions for improved efficiency and performance.
The partnership will allow growers to access Pessl's field monitoring systems, including weather stations and soil moisture probes, within the FieldNET platform. This integration will offer real-time insights into crop water needs and enhance growers' ability to remotely monitor, control, analyze, and apply irrigation recommendations. Growers using FieldNET Advisor® will benefit from enhanced predictive analytics through Pessl's field monitoring systems.
The combined expertise of Pessl and Lindsay is expected to revolutionize irrigation management, logistics, and plant protection for farmers, enabling them to make informed decisions and save time and resources.
Lindsay Corporation (NYSE: LNN) has declared a regular quarterly cash dividend of $0.34 per share, scheduled for payment on May 31, 2023. The dividend will be distributed to shareholders of record at the close of business on May 17, 2023. As of April 1, 2023, there are approximately 11.0 million shares outstanding. Established in 1955, Lindsay Corporation is a global manufacturer of irrigation and infrastructure equipment, focusing on innovative solutions to meet the growing needs for food, fuel, and transportation.
Lindsay Corporation (NYSE: LNN) reported a strong second quarter for fiscal 2023, with net earnings up 24% year-over-year to $18.1 million, or $1.63 per share. Despite a 17% decline in total revenues, attributed mainly to its irrigation segment, operating income soared 49% to $27.3 million, reflecting improved profitability and margin expansion. The irrigation segment faced revenue decreases of 18%, while infrastructure operating income rose 523% due to increased lease revenue. The company expresses confidence in future growth, driven by strong agricultural fundamentals and expected U.S. infrastructure spending increases.