secwatch.observer — SEC 8-K summary
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Issuer:     LINDSAY CORP (LNN)
CIK:        0000836157
Form:       8-K
Filed at:   2023-06-29T23:59:59+00:00
Accession:  0000950170-23-030531
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/836157/000095017023030531/0000950170-23-030531-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/836157/000095017023030531/lnn-20230629.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-030531

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