The company says net sales for 3Q2023 were approximately $3.5 billion, an increase of 10.7% year-over-year.

While consolidated revenue for 2QFY24 increased 29.4% year over year and Ag segment revenue grew 34.4%, the company maintained its FY24 guidance that the Ag segment would be up 20-25% year over year.

The company reported diluted earnings per share up $4.21 year-over-year, which Valmont said was a record.

The company's net income was up 29% from the same period last year. Diluted EPS saw 30% year-over-year growth. Net sales of ag equipment grew by 4% year-over-year.

The company raised is outlook regarding full-year sales, operating margin and earnings per share.

The company is off to a strong start to the 2024 fiscal year according to David Meyer, chairman and CEO. He added that the ag segment continues to drive growth.

Buhler Industries, the manufacturer of Versatile and Farm King branded farm equipment, released its second quarter earnings on Aug. 15, 2022. 

Trimble Inc. announced financial results for the second quarter of 2022.