Advanced Drainage Systems (WMS) Declares $0.09 Quarterly Dividend; 0.8% Yield
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/24/2026
- Wall Street closes lower to end rocky week
- Meta's capital-raising plans expose a major weakness in the AI boom
- Oil prices jump $3 on Houthi attacks, oil spill, highest settlement since April
- BofA flags further downside risk for stocks, yields and dollar
- SpaceX cell-site ambitions lift tower stocks and weigh on carriers
Advanced Drainage Systems (WMS) Misses Q3 EPS by 5c, Revenues Beat; Offers FY20 Revenue Guidance Below Consensus
February 6, 2020 6:43 AM ESTAdvanced Drainage Systems (NYSE: WMS) reported Q3 EPS of $0.28, $0.05 worse than the analyst estimate of $0.33. Revenue for the quarter came in at $393.42 million versus the consensus estimate of $392.07 million.
Third Quarter Fiscal 2020 Results
Net sales increased 23.7% to $393.4 millionNet income of $23.7 million as compared to $16.6 million in the prior yearAdjusted EBITDA (Non-GAAP) increased 88.5% to $91.3 millionScott Barbour, President and Chief Executive Officer of ADS commented, We generated very strong results for the third quarter with sales growth of 24%, reflecting strong organic* growth of 5% as well higher than expected contributions from Infiltrator Water... More



