Lindsay Q2 revenue up 39% to $200.1M, EPS $1.32 vs $1.08

LINDSAY CORP

2022-Q2 EPS reported $2.04 revenue$366,288,000

Revenue $200.1M (+39% YoY); diluted EPS $1.32 vs $1.08; net earnings $14.6M.
Irrigation segment revenue $180.7M (+52%) on higher pricing and international volume; Brazil more than tripled.
Infrastructure revenue fell 23% to $19.4M; operating income down 95% to $0.3M on lower Road Zipper sales.
Backlog up to $111.0M from $101.4M; irrigation backlog higher, infrastructure lower.
CEO expects strong ag demand but persistent inflation and supply chain challenges; infrastructure project sales seen increasing in H2.

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