Advanced Drainage Systems (NYSE: WMS) reported Q1 EPS of $2.22, $0.77 better than the analyst estimate of $1.45. Revenue for the quarter came in at $914.2 million versus the consensus estimate of $839.81 million.

GUIDANCE:

Advanced Drainage Systems sees FY2023 revenue of $3.25-3.35 billion, versus the consensus of $3.16 billion.

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