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Advanced Drainage: Fiscal Q2 Earnings Snapshot

AP - Contributor Content

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HILLIARD, Ohio (AP) — HILLIARD, Ohio (AP) — Advanced Drainage Systems Inc. (WMS) on Thursday reported earnings of $156 million in its fiscal second quarter.

The Hilliard, Ohio-based company said it had net income of $1.99 per share. Earnings, adjusted for non-recurring gains, were $1.97 per share.

The maker of water drainage systems and pipes posted revenue of $850.4 million in the period.

Advanced Drainage expects full-year revenue in the range of $2.9 billion to $2.99 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WMS at https://www.zacks.com/ap/WMS

Related Symbols

Symbol Last Chg %Chg
WMS 148.51 +1.66 +1.13%
Advanced Drainage Systems Inc

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