Advanced Drainage Systems Reports Net Income of $81.2 Million in Q3
Advanced Drainage Systems Inc. (WMS) announced a net income of $81.2 million for its fiscal third quarter on Thursday. The Hilliard, Ohio-based company reported per-share earnings of $1.04 and adjusted earnings of $1.09 per share.
WMS generated $690.5 million in revenue during the quarter and projects full-year revenue between $2.9 billion and $2.98 billion.
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