q Exhibit 99.1 18135 BURKE ST. OMAHA, NE 68022 TEL: 402-829-6800 FAX: 402-829-6836 Lindsay Corporation Reports Third Quarter Fiscal 2024 Results Infrastructure results support consolidated margin performance, partially offsetting global irrigation market softness OMAHA, Neb., June 27, 2024—Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced results for its third quarter ended on May 31, 2024. Key Highlights ...

OMAHA, Neb., June 25, 2024 /PRNewswire/ -- Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation, infrastructure equipment and technology, recently installed its first TAU-XR Xpress Repair Crash Cushion, the latest innovation in its proven lineup of crash cushion systems. The TAU-XR is designed for swift installation and rapid repair, enhancing both efficiency and protection for road maintenance teams. As a severe-duty, low-maintenance crash cushion, it delivers except ...

Analysts on Wall Street project that Lindsay (LNN) will announce quarterly earnings of $1.25 per share in its forthcoming report, representing a decline of 18.3% year over year. Revenues are projected to reach $152.44 million, declining 7.4% from the same quarter last year. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Before a company reveals its e ...

Shares of this Zacks Rank #4 (Sell) company have lost 6.9% in the past year compared with the industry's decline of 10.3%. Image Source: Zacks Investment Research Low Commodity Prices to Weigh on Farm Income: The USDA (U.S. Department of Agriculture) projects net farm income at $116.1 billion for 2024, indicating a decline of 27.1% from that reported in 2023. Moreover, the estimated net farm income for 2024 is 1.7% below its 20-year average (2003-2022) of $118.2 billion. The decline has mainly been resultin ...

Lindsay Corporation (LNN) signed a multi-year supply agreement to provide Zimmatic irrigation systems and FieldNET remote management and scheduling technology in the Middle East and North Africa region. This move is part of a broader strategy to support localized food production in the region. The project is valued at more than $100 million in revenues. Pivot shipments for this project will commence in fourth-quarter fiscal 2024 and are scheduled to continue until 2025. FieldNET Advisor offers project-wide ...

Post this FieldNET Advisor provides meaningful insights on how to help growers maximize yields. OMAHA, Neb., May 16, 2024 /PRNewswire/ -- Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced enhancements to FieldNET Advisor™, its award-winning irrigation management solution. FieldNET Advisor simplifies irrigation decisions for growers, and now through advanced technology also improves the product's return on ...

财务状况 - 2024年2月29日，Lindsay Corporation的净收入为18,123,000美元，较2023年同期的18,052,000美元有所增长[5] - 2024年2月29日，Lindsay Corporation的现金及现金等价物为133,415,000美元，较2023年同期的97,675,000美元有显著增长[7] - 2024年2月29日，Lindsay Corporation的总资产为765,280,000美元，较2023年同期的709,080,000美元有所增长[7] - 2024年2月29日，Lindsay Corporation的净现金流为12,136,000美元，较去年同期的7,887,000美元有所增长[13] - 2024年2月29日，Lindsay Corporation的股东权益为483,034,000美元，较2023年同期的422,272,000美元有所增长[9] - 2024年2月29日，Lindsay Corporation的总综合收入为17,598,000美元，较去年同期的19,471,000美元有所下降[5] - 2024年2月29日，Lindsay Corporation的应收账款净额为153,624,000美元，较2023年同期的167,007,000美元有所下降[7] - 2024年2月29日，Lindsay Corporation的存货净额为167,334,000美元，较2023年同期的178,703,000美元有所下降[7] - 2024年2月29日，Lindsay Corporation的总负债为282,246,000美元，较2023年同期的286,808,000美元有所下降[7] - 2024年2月29日，Lindsay Corporation的未分配利润为661,715,000美元，较2023年同期的607,784,000美元有所增长[9] 公司收购与债务 - 公司于2023年7月28日完成对FieldWise, LLC的收购，收购价格为3,274万美元，其中包括现金和现金等价物、应收账款、存货、无形资产和商誉等[30] - 公司于2024年2月29日的长期债务总额为1.15亿美元，其中包括Series A Senior Notes和Elecsys Series 2006A Bonds[39] 风险管理 - 公司通过与信用评级高的对手方签订衍生工具协议来管理外汇变动风险[42] - 公司与多家对手方签订了不同到期日的跨货币互换协议，总名义金额为1亿美元或9170万欧元[43] - 公司持有一项未来季度结算的外汇远期合同，卖出1.896亿南非兰特，作为其他流动资产记录在资产负债表上[44] 法律诉讼 - 公司目前正面临一系列与X-Lite®端部障碍物相关的产品责任诉讼[47] - 公司相信对上述诉讼有充分的事实和法律辩护，并准备积极捍卫自身利益[49] 环境治理 - 公司在2023年底向美国环保局和内布拉斯加州环境与能源部提交了修订的治理方案评估报告[54] - 公司对调查和治理成本的预期费用进行计提，认为当前计提是对该地点长期治理成本的良好估计[55] 业务部门 - 公司管理业务活动分为两个报告部门：灌溉和基础设施[59]

Lindsay Corporation (NYSE:LNN) Q2 2024 Earnings Conference Call April 4, 2024 11:00 AM ET Company Participants Randy Wood - President and Chief Executive Officer Brian Ketcham - Chief Financial Officer Conference Call Participants Ryan Connors - Northcoast Research Tyler Hutin - William Blair Jon Braatz - Kansas City Capital Brett Kearney - American Rebirth Opportunity Partners Adam Farley - Stifel Nicolaus Operator Hello, and welcome to the Lindsay Corporation Fiscal Second Quarter 2024 Earnings Conference ...

2nd Quarter Fiscal 2024 Earnings Slide Deck Investors should understand that a number of factors could cause future economic and industry conditions and the Company's actual financial condition and results of operations to differ materially from management's beliefs expressed in the forward-looking statements contained in this presentation. These factors include those outlined in the "Risk Factors" section of the Company's most recent annual report on Form 10-K filed with the Securities and Exchange Commiss ...

总收入情况 - 公司第二季度总收入下降9%，为1.515亿美元，主要由于灌溉业务收入减少[2] 灌溉业务表现 - 灌溉业务北美地区收入为8,280万美元，同比下降8%；国际市场收入为5,020万美元，同比下降13%[4] 基础设施业务情况 - 基础设施业务收入为1.85亿美元，与去年同期持平，但基础设施业务运营利润增加74%[5] 净利润及每股收益 - 公司第二季度净利润为1,810万美元，每股稀释收益为1.64美元，与去年同期持平[2] 投资和战略 - 公司继续投资创新战略，推出了下一代领先的FieldNET™平台，计划投资超过5000万美元扩大和现代化位于Lindsay的全球最大制造工厂[2] 预测及展望 - 预计2024年美国净农场收入将大幅下降，可能对公司剩余财政年度的灌溉设备需求产生负面影响[7] Road Zipper System业务展望 - 公司预计基础设施业务的Road Zipper System租赁收入将继续增长，但项目销售的实施时间仍难以预测[8] 财务状况 - 截至2024年2月28日，Lindsay公司的现金及现金等价物为133,415千美元，较2023年2月28日的97,675千美元增长了36.9%[16] - Lindsay公司2024年2月28日的总资产为765,280千美元，较2023年2月28日的709,080千美元增长了7.9%[16] - Lindsay公司2024年2月28日的净利润为33,142千美元，较2023年2月28日的36,269千美元下降了8.6%[17]