Advanced Drainage Systems (WMS) Tops Q3 EPS by 31c, Beats on Revenue; Offers FY24 Revenue Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- S&P 500, Nasdaq futures tick up as tech steadies, Micron earnings eyed
- Brent extends losses on expectations of smoother crude flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Oil market losses easing as nearly 80% of disrupted supply returns, UBS says
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Advanced Drainage Systems Announces Third Quarter Fiscal 2024 Results
February 8, 2024 6:40 AM ESTHILLIARD, Ohio--(BUSINESS WIRE)-- Advanced Drainage Systems, Inc. (NYSE: WMS) (ADS or the Company), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries today announced financial results for the fiscal third quarter ended December 31, 2023.
Third Quarter Fiscal 2024 Results
Net sales increased 1.1% to $662.4 million Net income increased 28.5% to $106.9 million Net income per diluted share increased 35.4% to $1.34 Adjusted EBITDA (Non-GAAP) increased 20.3% to $204.2 million Adjusted Earnings per share (Non-GAAP) increased 35.6% to... More