---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-000171"
form_type: "8-K"
ticker: "LNN"
cik: "0000836157"
company_name: "LINDSAY CORP"
filed_at: "2023-01-05T23:59:59+00:00"
generated_at: "2026-06-20T20:01:29.431905+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Lindsay Q1 net earnings double to $18.2M, EPS $1.65; revenue up 6%

## Summary
- Net earnings $18.2M ($1.65 diluted EPS) vs $7.9M ($0.72) prior year; more than doubled.
- Revenue $176.2M, up 6% YoY; Irrigation segment +4% to $152.1M, Infrastructure +19% to $24.1M.
- Irrigation operating income $28.6M (margin 18.8%) up 66% on improved price realization and lower cost inflation.
- Infrastructure operating income $3.4M (margin 14.0%) up 22% on higher Road Zipper System sales.
- Backlog $129.6M vs $154.8M a year ago; CEO cites positive demand outlook supported by farm income and infrastructure spending.

## SEC filing metadata
- accession: 0000950170-23-000171
- form_type: 8-K
- ticker: LNN
- cik: 0000836157
- company_name: LINDSAY CORP
- filed_at: 2023-01-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/836157/000095017023000171/0000950170-23-000171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/836157/000095017023000171/lnn-20230105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-000171
- JSON: https://secwatch.observer/filing/0000950170-23-000171.json
- Plain text: https://secwatch.observer/filing/0000950170-23-000171.txt

## Key facts
- Earnings Releases
  LINDSAY CORP reported first quarter ended November 30, 2022 results: revenue $176.2 million, net income $18.2 million, EPS $1.65 per diluted share.
  - Period: first quarter ended November 30, 2022
  - Revenue: $176.2 million
  - Net income: $18.2 million
  - EPS: $1.65 per diluted share
  - Result: reported results
  source text: Revenues for the first quarter of fiscal 2023 were $176.2 million, an increase of $10.0 million, or 6 percent, compared to revenues of $166.2 million in the prior year first quarter. Net earnings for the quarter were $18.2 million, or $1.65 per diluted share, compared with net earnings of $7.9 million, or $0.72 per diluted share, for the prior year first quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/836157/000095017023000171/0000950170-23-000171-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.