Advanced Drainage: Fiscal Q4 Earnings Snapshot
HILLIARD, Ohio (AP) — HILLIARD, Ohio (AP) — Advanced Drainage Systems Inc. (WMS) on Thursday reported earnings of $77.2 million in its fiscal fourth quarter.
The Hilliard, Ohio-based company said it had net income of 99 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.03 per share.
The maker of water drainage systems and pipes posted revenue of $615.8 million in the period.
For the year, the company reported profit of $450.2 million, or $5.76 per share. Revenue was reported as $2.9 billion.
Advanced Drainage expects full-year revenue in the range of $2.83 billion to $2.98 billion.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WMS at https://www.zacks.com/ap/WMS
For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights.