secwatch.observer — SEC 8-K summary
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Issuer:     LINDSAY CORP (LNN)
CIK:        0000836157
Form:       8-K
Filed at:   2023-04-04T23:59:59+00:00
Accession:  0000950170-23-011684
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/836157/000095017023011684/0000950170-23-011684-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/836157/000095017023011684/lnn-20230404.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-011684

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