Lindsay Q1 EPS $1.57 up 15% YoY; international irrigation revenue +37% drives growth

LINDSAY CORP

2025-Q1 EPS reported $1.57 revenue$166,281,000

Revenue $166.3M (+3% YoY); net earnings $17.2M ($1.57 diluted EPS) vs $15.0M ($1.36).
International irrigation revenue $69.4M (+37%) on MENA project; North America down 13% to $77.7M.
Infrastructure revenue $19.2M (-9%) but operating margin expanded to 21.5% from 17.1%.
Backlog grew to $168.2M from $86.8M; $20M Road Zipper contract secured post-quarter.
Acquired minority stake in Pessl Instruments with option to buy remainder later.

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