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Stock impact report

Lindsay Corporation Reports Fourth Quarter and Fiscal Year 2024 Results [Yahoo! Finance]

Lindsay Corporation (LNN) 
Last lindsay corporation earnings: 4/7 06:45 am Check Earnings Report
US:NYSE Investor Relations: lindsayir.com
Company Research Source: Yahoo! Finance
OMAHA, Neb., October 24, 2024 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 Highlights Fourth Quarter: North America irrigation revenues increased on higher unit sales volume Delivery began on large irrigation project in the Middle East and North Africa (MENA) region Improved infrastructure results driven by increase in Road Zipper System™ sales and lease revenues Full-Year: Consolidated gross margin performance remained steady despite a decline in irrigation revenues Infrastructure operating income increased 57 percent driven by favorable revenue mix Deployed $22.5 million towards opportunistic share repurchases "While agricultural markets globally remain challenged due to lower grain prices and grower profitability, I am pleased with the demonstrated resili Show less Read more
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