Advanced Drainage: Fiscal Q2 Earnings Snapshot
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HILLIARD, Ohio (AP) — HILLIARD, Ohio (AP) — Advanced Drainage Systems Inc. (WMS) on Friday reported earnings of $130.4 million in its fiscal second quarter.
The Hilliard, Ohio-based company said it had net income of $1.67 per share. Earnings, adjusted for non-recurring costs, came to $1.70 per share.
The maker of water drainage systems and pipes posted revenue of $782.6 million in the period.
Advanced Drainage expects full-year revenue in the range of $2.9 billion to $2.98 billion.
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