Lindsay Corp. ( (LNN) ) has released its Q3 earnings. Here is a breakdown of the information Lindsay Corp. presented to its investors.
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Lindsay Corporation is a global leader in the manufacturing and distribution of irrigation and infrastructure equipment and technology, primarily serving the agricultural and transportation sectors. In its third quarter fiscal 2025 earnings report, Lindsay Corporation announced a significant 22% increase in total revenues, driven by strong growth in its international irrigation segment and steady performance in infrastructure. The company’s international irrigation revenues surged by 60%, largely due to project volumes in the Middle East and North Africa, while North American revenues showed resilience despite market challenges. Infrastructure revenues also saw a 6% increase, supported by higher sales volumes of road safety products. Despite these gains, net earnings decreased by 4% due to the absence of a one-time tax credit from the previous year. Looking ahead, Lindsay Corporation remains optimistic about its international project opportunities and is poised to navigate market challenges in North America, with expectations of improved demand contingent on favorable weather conditions and market dynamics.