Lindsay Q4 EPS $1.62 triples YoY; full-year revenue record $770.7M

LINDSAY CORP

2022-FY EPS reported $5.94 revenue$770,743,000

Q4 revenue $190.2M (+24% YoY); net earnings $17.9M, diluted EPS $1.62 (vs $0.53 prior year).
Full-year revenue $770.7M (record, +36%); net earnings $65.5M, EPS $5.94 (vs $3.88).
Irrigation segment revenue $150.5M (+20%) led by North America storm replacement demand.
Infrastructure segment revenue $39.7M (+40%) on Road Zipper System sales; operating margin 28.8%.
Backlog $96.8M (down from $149.1M); irrigation backlog lower, infrastructure higher.

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