Advanced Drainage Systems (WMS) Reports Q3 EPS of $0.16

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Go back to Advanced Drainage Systems (WMS) Reports Q3 EPS of $0.16

Advanced Drainage Systems Announces Third Fiscal Quarter 2017 Results

February 9, 2017 6:30 AM EST

HILLIARD, Ohio--(BUSINESS WIRE)-- Advanced Drainage Systems, Inc. (NYSE: WMS) (ADS or the Company), a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced financial results for the fiscal third quarter ended December 31, 2016.

Third Fiscal Quarter 2017 Highlights

Net sales decreased 6% to $295 million Net income decreased 21% to $10 million Adjusted EBITDA (Non-GAAP) decreased 12% to $43 million

Year-to-Date 2017 Highlights

Net sales decreased 3% to $1,013 million Net income... More