Lindsay Q4 revenue down 7% to $155M, EPS $1.17; full-year EPS $6.01, down 8%

LINDSAY CORP

2024-FY EPS reported $6.01 revenue$607,074,000

Q4 net earnings $12.7M ($1.17 diluted EPS) vs $19.2M ($1.74) a year ago.
International irrigation revenue fell 23% to $64.2M on Brazil softness; MENA project delivery began.
Infrastructure segment revenue up 24% to $29.1M; operating margin improved to 19.2% from 13.3%.
Backlog surged to $180.9M from $78.7M, driven by large MENA irrigation project.
Full-year free cash flow exceeded net earnings; $22.5M deployed for share repurchases.

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