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Press Release

Lindsay Announces Record Irrigation Project

June 4, 2024 | Posted in Ag Equipment Worldwide

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

Pessl CEO: AI Efficiency in Ag Equipment Depends on Quality Data

May 15, 2024 | Posted in Mergers & Acquisitions, Technology

Without hard data, AI applications in ag — including equipment — won’t be valuable, according to Gottfried Pessl, founder of Austrian agtech provider Pessl Instruments.

Press Release

Lindsay Announces Agreement to Acquire a Minority Interest in Pessl Instruments

April 4, 2024 | Posted in Mergers & Acquisitions

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

Lindsay Announces Acquisition of FieldWise

July 31, 2023 | Posted in Mergers & Acquisitions

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

Lindsay Reports 3Q23 Revenue Down 23%

July 3, 2023 | Posted in Earnings Reports

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.

Lindsay Corp. 2Q23 Revenue Down 17% to $166 Million

April 5, 2023 | Posted in Earnings Reports

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.

Lindsay Corp. Reports FY20 Revenue Up 7%

October 22, 2020 | Posted in Earnings Reports

Revenues for the year ended Aug. 31, 2020, were $474.7 million, an increase of $30.6 million, or 7%, compared to revenues of $444.1 million in the prior year.

Lindsay Corp. Reports 3Q20 Total Revenue Up 1.7%

July 2, 2020 | Posted in Earnings Reports

Revenues for the third quarter of fiscal 2020 were $123.1 million, an increase of $2.1 million, or 2%, compared to revenues of $121.1 million in the prior year third quarter. Net earnings for the quarter were $10.1 million compared with net earnings of $2.9 million for the prior year third quarter.

Lindsay Corp. Reports 2Q20 Revenue Up 4.2%

April 8, 2020 | Posted in Earnings Reports

Operating revenues for the three months ended Feb. 29, 2020 were $113.8 million, an increase of 4% compared to $109.2 million for the three months ended Feb. 28, 2019. Irrigation segment revenues decreased 4% to $92.1 million and infrastructure segment revenues increased 62% to $21.7 million.

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Deere Production Could be Down 10-15% Next Year

In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.

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