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) 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.
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.