Lindsay Corp Q3 FY2022 revenue $214.3M (+32% YoY), EPS $2.28 vs $1.60 YoY

LINDSAY CORP

2022-Q3 EPS reported $4.31 revenue$580,547,000

Revenue $214.3M (+32% YoY); diluted EPS $2.28 (vs $1.60 prior year).
Irrigation segment revenue $188.7M (+35%), operating income $39.6M (+65%) on improved price realization.
International irrigation revenue $92.5M (+75%); Brazil more than doubled.
Infrastructure revenue $25.6M (+17%) on road safety products; operating margin 14.8%.
Backlog $98.3M vs $120.8M prior year (prior included $36M irrigation project order).

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