Advanced Drainage Systems (WMS) Reports In-Line Q2 EPS

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Go back to Advanced Drainage Systems (WMS) Reports In-Line Q2 EPS

Advanced Drainage Systems Announces Second Quarter Fiscal 2019 Results

November 8, 2018 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 non-residential, residential, infrastructure and agricultural applications, today announced financial results for the second fiscal quarter ended September 30, 2018.

Second Quarter Fiscal 2019 Highlights

Net sales increased 1.4% to $406.6 million Net income increased 63.6% to $29.4 million Adjusted EBITDA (Non-GAAP) increased 6.9% to $71.5 million

Fiscal Year to Date Highlights

Net sales increased 4.6% to $794.4 million Net income... More