Lindsay Q3 EPS $1.53, revenue $160.8M down 5% YoY; irrigation segment weak

LINDSAY CORP

Net earnings $15.8M ($1.53 diluted EPS) vs $19.5M ($1.78) prior year.
Total revenues $160.8M, down 5% YoY; irrigation revenues down 7% to $133.0M.
Infrastructure revenues up 8% to $27.7M, driven by road safety products growth.
Operating income $18.5M, down 22%; operating margin 11.5% vs 14.0%.
Completed $25.2M in share repurchases in Q3; YTD total $80.7M.

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