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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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