Lindsay Posts Strong 2Q, Cautious About Second Half of 2013

Despite strong numbers in its second reporting period of 2013, Lindsay Corp., the Nebraska-based manufacturer of irrigation equipment for agriculture, isn’t at all sure the sales momentum will sustain itself through the remainder of the year.

Lindsay’s second quarter revenues came in at $175.5 million, or up 32.8% compared to sales during the same period last year that totaled $132.1 million. Gross profit rose to $50.4 million vs. $36.5 million in the same period last…

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