Advanced Drainage Systems Announces Fourth Quarter Fiscal 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Advanced Drainage Systems (WMS) Reports In-Line Q4 EPS, Revenues Beat
May 21, 2020 6:42 AM EDTAdvanced Drainage Systems (NYSE: WMS) reported Q4 EPS of $0.01, in-line with the analyst estimate of $0.01. Revenue for the quarter came in at $370.8 million versus the consensus estimate of $356.4 million.
Fourth Quarter Fiscal 2020 Results
Net sales increased 36.2% to $370.8 millionNet income increased 86.6% to of $3.5 millionAdjusted EBITDA (Non-GAAP) increased 95.6% to $72.1 millionScott Barbour, President and Chief Executive Officer of ADS commented, As the COVID-19 pandemic unfolds across the world, the health and safety of our employees remains our highest priority. During the fourth quarter, we implemented appropriate health protocols across our facilities,... More
