Lindsay Releases Q2 Earnings Report: Earnings Beat, Revenue Falls Short
Thursday, 4 April 2024, 10:55
Lindsay Earnings Report Overview
Lindsay Corporation (LNN) has released its Q2 earnings report, with mixed results.
Key Highlights:
- GAAP EPS of $1.64 beat estimates by $0.09.
- Revenue of $151.5M missed estimates by $21.24M, reflecting an 8.9% Y/Y decrease.
- Backlog of unfilled orders as of February 29, 2024, stood at $94.2M.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.