Advanced Drainage Systems Announces First Quarter Fiscal 2021 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/20/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Advanced Drainage Systems (WMS) Tops Q1 EPS by 15c, Revenues Beat
August 6, 2020 6:34 AM EDTAdvanced Drainage Systems (NYSE: WMS) reported Q1 EPS of $0.83, $0.15 better than the analyst estimate of $0.68. Revenue for the quarter came in at $508.6 million versus the consensus estimate of $494.94 million.
First Quarter Fiscal 2021 Results
Net sales increased 22.9% to $508.6 millionNet income increased to $70.7 million, compared to a net loss of $227.5 million in the prior yearAdjusted EBITDA (Non-GAAP) increased 98.6% to $159.5 millionCash provided by operating activities increased 112.8% to $133.7 millionFree cash flow (Non-GAAP) increased 132.4% to $123.4 millionScott Barbour, President and Chief Executive Officer of ADS... More
