Thu, Jun 26, 8:12 PM (23 days ago)
**Lindsay Corporation (LNN) - Q2 2025 Financial Summary** Lindsay Corporation reported a strong quarter with notable improvements in revenue and earnings. Here are the key highlights: **Revenue and Profitability:** - **Revenue:** $169,464,000, up 22% YoY from $139,199,000. - **Gross Profit:** $53,622,000, a 15% increase from $46,497,000. - **Operating Income:** $23,793,000, up 19% from $19,936,000. - **Net Earnings:** $19,500,000, slightly down 4% from $20,379,000 due to a one-time tax credit in the prior year. **Segment Performance:** - **Irrigation Segment:** Revenues increased 25% to $143,745,000, with operating income up 39% to $27,154,000. - **Infrastructure Segment:** Revenues increased 6% to $25,719,000, but operating income decreased 14% to $5,426,000. **Cash Flow and Liquidity:** - **Operating Cash Flow:** $68,874,000, a significant increase from $42,650,000. - **Cash and Cash Equivalents:** $196,117,000, up from $140,221,000. **Future Outlook:** - The company expects continued growth driven by international markets and infrastructure projects. - Capital expenditures are projected to be between $35.0 million and $40.0 million for fiscal 2025. - The company remains committed to its capital allocation plan, including dividends, share repurchases, and strategic acquisitions. **Risks and Uncertainties:** - The company faces risks related to agricultural commodity prices, weather conditions, and government policies. - Legal proceedings and environmental remediation costs are also areas of concern. Overall, Lindsay Corporation demonstrated robust financial health and growth in Q2 2025, with a positive outlook for future operations.