Advanced Drainage Systems (WMS) Reports Q1 EPS of $0.37; Updates FY17 Outlook

October 6, 2016 6:46 AM EDT
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Price: $23.80 --0%

Financial Fact:
Income before income taxes: 7.4M

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Advanced Drainage Systems (NYSE: WMS) reported Q1 EPS of $0.37, versus $0.20 reported last year. Revenue for the quarter came in at $358 million, versus $349.1 million reported last year.

GUIDANCE:

Advanced Drainage Systems sees FY2017 revenue of $1.27 - $1.31 billion. With the revised net sales guidance, the Company is adjusting its Adjusted EBITDA (Non-GAAP) expectations to $200 million to $225 million for the full fiscal year.

For earnings history and earnings-related data on Advanced Drainage Systems (WMS) click here.



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