secwatch.observer — SEC 8-K summary
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Issuer:     LINDSAY CORP (LNN)
CIK:        0000836157
Form:       8-K
Filed at:   2022-04-05T23:59:59+00:00
Accession:  0000950170-22-005348
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/836157/000095017022005348/0000950170-22-005348-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/836157/000095017022005348/lnn-20220405.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-005348

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer