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Stock impact report

Advanced Drainage Systems Announces Second Quarter Fiscal 2025 Results

Advanced Drainage Systems, Inc. (WMS) 
Last advanced drainage systems, inc. earnings: 2/6 06:40 am Check Earnings Report
US:NYSE Investor Relations: investors.ads-pipe.com
Company Research Source: Business Wire
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 onsite septic wastewater industries today announced financial results for the fiscal second quarter ended September 30, 2024.Second Quarter Fiscal 2025 ResultsNet sales of $782.6 million, flat to prior yearNet income decreased 4.3% to $131.2 millionNet income per diluted share decreased 2.3% to $1.67Adjusted EBITDA (Non-GAAP) of $245.6 million, flat to prior yearAdjusted Earnings per share (Non-GAAP) of $1.70, flat to prior yearYear-to-Date Fiscal 2025 ResultsNet sales increased 2.5% to $1.6 billionNet income decreased 5.6% to $293.5 millionNet income per diluted share decreased 4.1% to $3.73Adjusted EBITDA (Non-GAAP) decreased 1.2% to $521.0 millionAdjusted Earnings per share (Non-GAAP) decreased 0.5% to $3.76Scott Barbour, President and Chief Executive Officer of ADS commented, "The second quarter Show less Read more
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