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Stock impact report

Lindsay Corporation Reports Fourth Quarter and Fiscal Year 2024 Results

Lindsay Corporation (LNN) 
Last lindsay corporation earnings: 4/7 06:45 am Check Earnings Report
US:NYSE Investor Relations: lindsayir.com
Company Research Source: Business Wire
Improved infrastructure results, steady demand in North America irrigation, and international irrigation project revenue help to partially offset market softness in Brazil OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced results for its fourth quarter and fiscal year, which ended on August 31, 2024.Key HighlightsFourth Quarter:North America irrigation revenues increased on higher unit sales volumeDelivery began on large irrigation project in the Middle East and North Africa (MENA) regionImproved infrastructure results driven by increase in Road Zipper System™ sales and lease revenuesFull-Year:Consolidated gross margin performance remained steady despite a decline in irrigation revenuesInfrastructure operating income increased 57 percent driven by favorable revenue mixDeployed $22.5 million towards opportunistic share repurchases“While agricultural m Show less Read more
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