Lindsay Corporation (NYSE:LNN) Q3 2023 Earnings Call Transcript

Operator: [Operator Instructions] Showing no further questions, I would like to turn the conference back over to Randy Wood for any closing remarks.

Randy Wood: Great, and thank you for your interest and participation in today’s conference call. As mentioned, we’re pleased with the underlying fundamentals of our Irrigation segment. And although the spring season did not materialize as projected, our business continues to demonstrate resiliency as shown by our strong operating margins during the quarter. International project interest remains high, and we’re actively quoting several of these opportunities in various regions around the world. We continue to create value with our technology partnership strategy. And we’re very excited to see the value of the collaboration with Pessl flow through to our joint customers. The Infrastructure segment is also supported by strong market fundamentals and the incremental funding available through the IIJA.

As that funding is released to the market, we believe we’re well positioned to capitalize on market growth. This concludes our third quarter earnings call. We look forward to updating you on our continued progress at the end of our fiscal year. Thanks for joining us.

Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.