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LNN Infrastructure revenue up 17% to USD 22.4 million in Q1 FY26

Reuters01-08

LNN Infrastructure revenue up 17% to USD 22.4 million in Q1 FY26

Lindsay Corp reported its first quarter fiscal 2026 earnings, with revenues at USD 155.8 million, reflecting a 6 percent decrease compared to the prior year period. Operating income for the quarter was USD 19.6 million, also down 6 percent. The operating margin remained steady at 12.6 percent. Diluted earnings per share for the first quarter stood at USD 1.54, marking a 2 percent decrease. The company completed share repurchases totaling USD 30 million during the quarter. Lindsay Corp reported available liquidity of USD 250 million and gross debt to EBITDA leverage of 0.9 times, with no near-term debt maturities.

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