- Lindsay press release ( NYSE: LNN ): Q3 GAAP EPS of $2.28 beats by $0.68 .
- Revenue of $214.3M (+32.4% Y/Y) beats by $25.35M .
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“Global agriculture market fundamentals remain positive; however, grower sentiment in the U.S. is being tempered somewhat by inflationary pressures they are experiencing with their input costs and operational expenses. We continue to see increased activity levels in international project markets as concerns over food security and global grain supplies have been heightened by the ongoing conflict between Russia and Ukraine. In the infrastructure business, we expect to complete delivery of the Road Zipper System project that began in the third quarter, and we also expect to begin delivery of another significant project in the fourth quarter. We remain optimistic regarding growth opportunities for this business based on the quality of our sales funnel and increasing commercial activity.” said Randy Wood, President and Chief Executive Officer
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Lindsay GAAP EPS of $2.28 beats by $0.68, revenue of $214.3M beats by $25.35M