---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-030531"
form_type: "8-K"
ticker: "LNN"
cik: "0000836157"
company_name: "LINDSAY CORP"
filed_at: "2023-06-29T23:59:59+00:00"
generated_at: "2026-06-13T15:11:43.182766+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lindsay Corp Q3 revenue down 23% YoY to $164.6M; EPS $1.53 vs $2.28

## Summary
- Total revenues $164.6M, down 23% from $214.3M YoY; operating income $27.0M, down 23%.
- Net earnings $16.9M ($1.53 diluted EPS), down 33% from $25.1M ($2.28 diluted EPS) YoY.
- Irrigation segment revenues $142.6M, down 24% YoY; operating margin improved to 21.6% from 21.0%.
- Infrastructure segment revenues $22.0M, down 14% YoY; operating margin increased to 16.2% from 14.8%.
- Backlog of unfilled orders $94.5M vs $98.3M a year ago; outlook expects lower Q4 demand vs. strong prior year.

## SEC filing metadata
- accession: 0000950170-23-030531
- form_type: 8-K
- ticker: LNN
- cik: 0000836157
- company_name: LINDSAY CORP
- filed_at: 2023-06-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/836157/000095017023030531/0000950170-23-030531-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/836157/000095017023030531/lnn-20230629.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-030531
- JSON: https://secwatch.observer/filing/0000950170-23-030531.json
- Plain text: https://secwatch.observer/filing/0000950170-23-030531.txt

## Key facts
- Earnings Releases
  LINDSAY CORP reported third quarter ended May 31, 2023 results: revenue $164.6 million, net income $16.9 million, EPS $1.53 per diluted share.
  - Period: third quarter ended May 31, 2023
  - Revenue: $164.6 million
  - Net income: $16.9 million
  - EPS: $1.53 per diluted share
  - Result: reported results
  source text: ($8.2) (23%) Operating margin 16.4% 16.4% Net earnings $16.9 $25.1 ($8.2) (33%) Earnings per share $1.53 $2.28 ($0.75) (33%) Revenues for the third quarter of fiscal 2023 were $164.6 million, a decrease of $49.7 million, or 23 percent, compared to revenues of $214.3 million in the prior year third quarter. The majority of the decrease came from the irrigation segment
  evidence_url: https://www.sec.gov/Archives/edgar/data/836157/000095017023030531/0000950170-23-030531-index.htm

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