---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-011684"
form_type: "8-K"
ticker: "LNN"
cik: "0000836157"
company_name: "LINDSAY CORP"
filed_at: "2023-04-04T23:59:59+00:00"
generated_at: "2026-06-17T06:42:50.827279+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Lindsay Q2 net earnings up 24% to $18.1M; EPS $1.63, revenue down 17%

## Summary
- Irrigation segment operating income up 33% to $32.8M despite revenue decline of 18% to $147.8M.
- Infrastructure segment operating income up 523% to $2.0M; margin expands to 10.9% from 1.7%.
- North America irrigation revenue down 10% to $90.4M on lower unit sales; higher pricing partially offset.
- International irrigation revenue down 28% to $57.4M; prior-year large project not repeated, Brazil election impact.
- Full-year outlook unchanged; Brazil market delays expected into Q3 but overall demand supportive.

## SEC filing metadata
- accession: 0000950170-23-011684
- form_type: 8-K
- ticker: LNN
- cik: 0000836157
- company_name: LINDSAY CORP
- filed_at: 2023-04-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/836157/000095017023011684/0000950170-23-011684-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/836157/000095017023011684/lnn-20230404.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-011684
- JSON: https://secwatch.observer/filing/0000950170-23-011684.json
- Plain text: https://secwatch.observer/filing/0000950170-23-011684.txt

## Key facts
- Earnings Releases
  LINDSAY CORP reported second quarter ended February 28, 2023 results: revenue $166.2 million, net income $18.1 million, EPS $1.63 per diluted share.
  - Period: second quarter ended February 28, 2023
  - Revenue: $166.2 million
  - Net income: $18.1 million
  - EPS: $1.63 per diluted share
  - Result: reported results
  source text: $27.3 $18.3 $9.0 49% Operating margin 16.4% 9.2% Net earnings $18.1 $14.6 $3.5 24% Earnings per share $1.63 $1.32 $0.31 23% Revenues for the second quarter of fiscal 2023 were $166.2 million, a decrease of $33.9 million, or 17 percent, compared to revenues of $200.1 million in the prior year second quarter. Almost all of the decrease came from the irrigation segment
  evidence_url: https://www.sec.gov/Archives/edgar/data/836157/000095017023011684/0000950170-23-011684-index.htm

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