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0 0 0.0187196194022133 0.0187196194022133 0.0187196194022133 0.0238907849829352 0.0146861102492502 0.0149963801840935
Stock impact report

Lindsay Corporation Reports Fiscal 2020 First Quarter Results

Lindsay Corporation (LNN) 
Last lindsay corporation earnings: 4/7 06:45 am Check Earnings Report
US:NYSE Investor Relations: lindsayir.com
Company Research Source: Business Wire
Operating margin performance of 11.2 percent and EPS of $0.77Irrigation operating income and margin improved on lower revenueInfrastructure delivers solid results on higher revenue and favorable margin mix OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced results for its first quarter of fiscal 2020, which ended on November 30, 2019.First Quarter SummaryRevenues for the first quarter of fiscal 2020 were $109.4 million, a decrease of $2.6 million, or 2 percent, compared to revenues of $112.0 million in the prior year first quarter. Revenues decreased $3.3 million as a result of the divestiture of a company-owned irrigation dealership that occurred in the first quarter of fiscal 2019. Net earnings for the quarter were $8.3 million, or $0.77 per diluted share, compared with net earnings of $1.2 million, or $0.11 per diluted share, for the prior year fir Show less Read more
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