Lindsay Q1 FY2026 revenue down 6% to $155.8M, EPS $1.54 vs $1.57; secures $80M MENA irrigation project

LINDSAY CORP

2025-Q1 EPS reported $1.54 revenue$155,818,000

Revenue $155.8M (-6% YoY); net earnings $16.5M ($1.54 diluted EPS vs $1.57 prior year).
Irrigation segment revenue $133.4M (-9% YoY); international down 15% on Brazil/MENA timing; North America down 4%.
Infrastructure revenue up 17% to $22.4M on road safety products; operating margin 20.1% vs 21.5% prior year.
Subsequent to Q1: secured $80M irrigation/technology contract in MENA region; expects ~$70M revenue in FY2026.
Board authorized $150M share repurchase program; bought $30.3M shares during Q1.

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