Lindsay Corporation’s shares rally after surpassing Q4 earnings forecast

Lindsay Corporation’s shares rally after surpassing Q4 earnings forecast

Lindsay Corporation’s shares surged following a stellar fourth-quarter earnings report, where the company outperformed analyst forecasts. The firm reported an earnings per share (EPS) of $1.17, exceeding market expectations of $1.04. The robust revenue of $155 million, up from the estimated $145.37 million, has reaffirmed Lindsay’s strong position in the industrial products sector. Despite a […]

Lindsay acquires US AgTech company Net Irrigate

Lindsay acquires US AgTech company Net Irrigate

Lindsay acquisition of Net Irrigate : Lindsay Corporation, a manufacturer and distributor of irrigation and infrastructure equipment and technology, has acquired Net Irrigate, a US-based AgTech company, for an undisclosed price. Net Irrigate is an agriculture Internet of Things technology company that caters to irrigation customers with remote monitoring solutions. The company will now join […]