Lindsay Corporation (NYSE:LNN) has announced the financial results for the first quarter for the period ended November 30, 2009. The company reported total revenues for the fiscal 2010 first quarter of $86.0 million, 34% less than the $113.1 million earned for the year ago period. It’s net earnings were r$6.7 million, or $0.53 per diluted share, above the $6.3 million, or $0.51 per diluted share, of the previous year’s first quarter.
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The company held a conference on Tuesday, December 22 to discuss the financial results. Interested parties may listen to a replay webcast of the presentation on the investor relations portion of the company’s website, www.lindsay.com. Accompany documents are also available on the site for review.
Lindsay Corporation (Lindsay) is a designer and manufacturer of self-propelled center pivot and lateral move irrigation systems. The Company operates in two segments: Irrigation Segment and Infrastructure Segment. Lindsay also manufactures and markets infrastructure products, including movable barriers for traffic lane management, crash cushions, road marking and other road safety devices. In addition, the Company’s infrastructure segment produces large diameter steel tubing and railroad signaling structures, and provides outsourced manufacturing and production services for other companies.
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