Advanced Drainage Systems (WMS) Misses Q4 EPS by 11c, Revenue Beats, Offers Guidance
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Advanced Drainage Systems Announces Fourth Quarter and Fiscal 2021 Results
May 20, 2021 6:40 AM EDTÂ
HILLIARD, 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 on-site septic waste water industries today announced financial results for the fourth quarter and fiscal year ended March 31, 2021.
Fourth Quarter Fiscal 2021 Results
Net sales increased 19.7% to $443.8 million Net income increased 488.1% to $20.8 million Adjusted EBITDA (Non-GAAP) increased 31.1% to $94.5 millionFiscal 2021 Results
Net sales... More