Advanced Drainage Systems (WMS) Reports Q4 Loss of $0.34/Share
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Advanced Drainage Systems Announces Fourth Quarter and Fiscal Year 2017 Results
May 25, 2017 6:40 AM EDTHILLIARD, 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 fourth quarter and fiscal year ended March 31, 2017.
Fiscal Fourth Quarter 2017 Highlights
Net sales of $244.2 million compared to $245.4 million in prior year quarter Net loss of $18.1 million compared to $11.1 million in prior year quarter Adjusted EBITDA (Non-GAAP) of $12.6 million compared to $21.6 million in prior year quarter... More