Pivot shipments for this project will begin in the fiscal fourth quarter of 2024 and are expected to continue through 2025.

Pessl boasts more than 80,000 connected in-field data collection devices globally, with 50,000 active customers using its FieldClimate online interface.

Founded in 2008 and headquartered in Norfolk, Neb., FieldWise specializes in providing agricultural producers and their service providers with innovative solutions. 

Operating income for the quarter was $27 million, a decrease of $8.2 million, or 23%, compared to operating income of $35.2 million in the prior year third quarter.

Revenues for the second quarter of fiscal 2023 were $166.2 million, a decrease of $33.9 million, or 17%, compared to revenues of $200.1 million in the prior year second quarter. Almost all of the decrease came from the irrigation segment as infrastructure revenues were down slightly.