Advanced Drainage Systems Announces Fourth Quarter Fiscal 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
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
