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LINDSAY (LNN)

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Earnings summaries and quarterly performance for LINDSAY.

Recent press releases and 8-K filings for LNN.

Lindsay Reports Q1 FY26 Revenue and EPS Decline
LNN
Earnings
Share Buyback
New Projects/Investments
  • Lindsay (LNN) reported a 6% decrease in total revenue to $155.8 million and a 2% decrease in diluted EPS to $1.54 for Q1 FY26 compared to the prior year.
  • The Irrigation segment's revenue decreased by $13.7 million, while the Infrastructure segment's revenue increased by 17% to $22.4 million, driven by higher sales of road safety products.
  • The company completed $30 million in share repurchases during the quarter and secured an $80 million irrigation and technology project in the MENA region subsequent to quarter-end.
6 days ago
Lindsay Corporation Reports Q1 2026 Results, Secures New MENA Project, and Authorizes Share Repurchase
LNN
Earnings
New Projects/Investments
Share Buyback
  • Lindsay Corporation reported Q1 2026 total revenues of $155.8 million, a 6% decrease compared to the prior year, with net earnings of $16.5 million and diluted earnings per share of $1.54.
  • The company announced a new supply agreement to provide Zimmatic irrigation systems and FieldNet technology in the MENA region, valued at approximately $80 million in total revenue, with $70 million expected to be realized in fiscal year 2026.
  • While North American irrigation market conditions are anticipated to remain soft, the infrastructure segment's revenues increased 17% to $22.4 million year-over-year.
  • In Q1 2026, Lindsay Corporation deployed $30.3 million into share repurchases, exhausting its original authorization, and subsequently authorized a new share repurchase program of up to $150 million.
6 days ago
Lindsay Corporation Reports Q1 2026 Results with Revenue Decline and New MENA Project
LNN
Earnings
New Projects/Investments
Share Buyback
  • Lindsay Corporation reported Q1 2026 total revenues of $155.8 million, a 6% decrease year-over-year, with net earnings of $16.5 million and diluted EPS of $1.54.
  • The irrigation segment revenue declined 9% to $133.4 million, impacted by lower volumes in North America and international markets, while the infrastructure segment revenue grew 17% to $22.4 million.
  • A new supply agreement in the MENA region is valued at approximately $80 million, with $70 million of revenue expected in fiscal year 2026.
  • The company authorized a new share repurchase program of up to $150 million and repurchased $30.3 million in shares during Q1 2026.
  • Management anticipates soft market conditions to continue in North American irrigation, noting the market is "bouncing along the trough," and expects no large Road Zipper project in fiscal year 2026.
6 days ago
Lindsay Corporation Reports Q1 2026 Financial Results and New MENA Project
LNN
Earnings
New Projects/Investments
Share Buyback
  • Lindsay Corporation reported Q1 2026 total revenues of $155.8 million, a 6% decrease compared to the prior year, with net earnings of $16.5 million, or $1.54 per diluted share.
  • The irrigation segment revenue decreased 9% to $133.4 million, primarily due to lower volumes in international markets and project timing, while the infrastructure segment revenue increased 17% to $22.4 million driven by higher road safety product sales.
  • The company announced a new supply agreement in the MENA region for Zimmatic irrigation systems and FieldNet technology, valued at approximately $80 million in total revenue, with about $70 million expected to be realized in fiscal year 2026.
  • Management expects softer market conditions to persist in North American irrigation, anticipating flat to down performance for the full year, though international markets show potential for growth.
  • In Q1 2026, Lindsay Corporation deployed $30.3 million into share repurchases and authorized a new share repurchase program of up to $150 million.
6 days ago
Lindsay Corporation Reports Q1 FY2026 Results
LNN
Earnings
Share Buyback
Demand Weakening
  • Lindsay Corporation reported Q1 FY2026 total revenues of $155.8 million, a 6% decrease compared to the prior year, with diluted earnings per share of $1.54, a 2% decrease.
  • The irrigation segment revenues decreased 9% to $133.4 million, primarily due to lower sales volumes in North America and international markets, while the infrastructure segment revenues increased 17% to $22.4 million.
  • The company repurchased $30.3 million of common stock during the quarter and, subsequent to quarter-end, secured an $80 million irrigation and technology project in the MENA region, with approximately $70 million of revenue expected in the current fiscal year.
  • Management anticipates North America irrigation market conditions will remain soft in the near term and expects a difficult revenue comparison in the second quarter for the infrastructure segment due to a large prior-year project not being replaced.
7 days ago
Lindsay Corporation Reports Fiscal First Quarter 2026 Results
LNN
Earnings
Share Buyback
New Projects/Investments
  • Lindsay Corporation reported fiscal first quarter 2026 revenues of $155.8 million, a 6% decrease year-over-year, with net earnings of $16.5 million and diluted earnings per share of $1.54, down 4% and 2% respectively.
  • The Irrigation segment's revenues decreased 9% to $133.4 million due to lower sales volumes in North America and international markets, while the Infrastructure segment's revenues increased 17% to $22.4 million driven by higher sales of road safety products.
  • Subsequent to quarter-end, the company secured an $80 million irrigation and technology project in the MENA region, with approximately $70 million of revenue expected to be recognized in the current fiscal year.
  • During the quarter, Lindsay Corporation repurchased $30.3 million of common stock and authorized a new share repurchase program of up to $150 million.
7 days ago
MiddleGround Capital Completes Sale of Lindsay Precast to TJC
LNN
M&A
  • MiddleGround Capital completed the sale of its portfolio company, Lindsay Precast, to TJC, LP on December 17, 2025.
  • Lindsay Precast is a leading manufacturer of prefabricated concrete and steel products serving critical infrastructure needs across the United States.
  • During MiddleGround's ownership, Lindsay Precast invested in facility upgrades, expanded its geographic footprint, and acquired Dutchland Incorporated in 2022 to enhance its offerings in the water and wastewater sectors.
  • MiddleGround Capital acquired Lindsay Precast in November 2021 through its MiddleGround Partners II fund, which closed with $800 million of committed capital, marking this as the first exit from that fund.
Dec 17, 2025, 12:31 PM
Lindsay Corporation Secures $80 Million MENA Irrigation Project
LNN
New Projects/Investments
Guidance Update
  • Lindsay Corporation announced a new $80 million irrigation project in the Middle East and North Africa (MENA) region.
  • The project will supply Zimmatic™ irrigation systems and FieldNET™ remote management and scheduling technology to support localized food production.
  • Approximately $70 million of the total contract revenue is anticipated to be recognized in fiscal year 2026, with deliveries expected to begin immediately and continue throughout that fiscal year.
Dec 11, 2025, 11:45 AM
Lindsay Corporation Reports Record Fiscal Year 2025 Sales Amid Q4 Miss
LNN
Earnings
Revenue Acceleration/Inflection
Demand Weakening
  • Lindsay Corporation reported record fiscal year 2025 results, with an 11% revenue increase to $676.4 million and a 13% rise in diluted earnings per share to $6.78.
  • Despite the annual record, Q4 2025 earnings missed expectations, showing a 1% revenue decline and a 16% drop in operating income, primarily due to weakness in its Infrastructure segment.
  • A significant milestone was that international irrigation revenues surpassed North America for the first time, driven by strong project sales in the MENA region.
  • The Infrastructure Investment and Jobs Act (IIJA) provides $110 billion in incremental federal funding through September 2026, which is expected to benefit Lindsay's infrastructure segment.
Oct 23, 2025, 1:39 PM
Lindsay Included in Saudi Arabia Precision Irrigation Market Forecast
LNN
New Projects/Investments
Revenue Acceleration/Inflection
  • The Saudi Arabia Precision Irrigation Market is projected to grow from an estimated US$ 82.86 Million in 2024 to US$ 183.4 Million by 2033, with a Compound Annual Growth Rate (CAGR) of 9.23% between 2025 and 2033.
  • Growth in this market is primarily driven by severe water scarcity, government policies such as Vision 2030 agricultural reforms, and the increasing cultivation of high-value crops and greenhouse farming.
  • Key challenges include high initial investment and technology costs, along with limited technical expertise and awareness among farmers.
  • The report provides analysis on key players in the market, including Jain Irrigation Systems, Lindsay Corporation, The Toro Company, and Valmont.
Oct 9, 2025, 5:01 PM
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