Lindsay’s fiscal Q3 2024 results reflect a two-speed business dynamic: the irrigation segment faced demand softness in North America and Brazil, while the infrastructure segment leveraged a stronger Road Zipper activity and a favorable margin mix to offset irrigation weakness. Consolidated revenue declined 15% year over year to $139.2 million, driven by a 19% drop in irrigation revenues; infrastructure revenues rose 11% year over year. Net income rose to $20.4 million ($1.85 per diluted share), aided by a Brazil income tax credit of $4.8 million and higher interest income, helping offset topline headwinds. Management highlighted large-scale international project wins and a ramp-up in IIJA-fueled infrastructure activity as key growth catalysts, alongside ongoing investments in technology and capacity to improve margins and operating flexibility.