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.

Click here to view a Zacks stock report on WMS: https://www.zacks.com/ap/WMS