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Advanced Drainage Systems Inc (WMS.N)

WMS.N on New York Stock Exchange

20.00USD
23 Jun 2017
Change (% chg)

$0.05 (+0.25%)
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Latest Key Developments (Source: Significant Developments)

Advanced Drainage Systems sets quarterly cash dividend
Thursday, 25 May 2017 06:42am EDT 

May 25 (Reuters) - Advanced Drainage Systems Inc ::Sets quarterly cash dividend of $0.07 per share.  Full Article

Advanced Drainage Systems qtrly loss per share $0.34
Thursday, 25 May 2017 06:40am EDT 

May 25 (Reuters) - Advanced Drainage Systems Inc ::Advanced Drainage Systems announces fourth quarter and fiscal year 2017 results.Q4 sales fell 0.5 percent to $244.2 million.Sees FY 2018 sales $1.275 billion to $1.325 billion.Advanced Drainage Systems Inc says adjusted EBITDA (non-gaap) is expected to be in range of $200 and $220 million for fiscal year 2018.Says FY 2018 capital expenditures are expected to be about $55 to $60 million.Qtrly loss per share $0.34.Advanced drainage systems inc qtrly adjusted loss per share per fully converted share (non-gaap) $0.22.  Full Article

Advanced Drainage Systems sees Q4 net sales about 7 percent lower than Q4 of last year
Monday, 13 Mar 2017 06:48am EDT 

Advanced Drainage Systems Inc : Sees Q4 net sales about 7 percent lower than Q4 of last year - SEC filing .Potential poor weather conditions could impact final results in Q4.  Full Article

Advanced drainage systems announces stock repurchase program
Thursday, 9 Feb 2017 06:32am EST 

Advanced Drainage Systems Inc : Advanced drainage systems announces stock repurchase program .Says board has authorized a stock repurchase program for repurchase of up to $50 million in shares of company's common stock.  Full Article

Advanced Drainage Systems posts Q3 adj. earnings $0.16/shr
Thursday, 9 Feb 2017 06:30am EST 

Advanced Drainage Systems Inc : Advanced Drainage Systems announces third fiscal quarter 2017 results . Advanced Drainage Systems Inc - adjusted EBITDA between $190 and $210 million for fiscal year 2017 . FY2017 revenue view $1.24 billion -- Thomson Reuters I/B/E/S . Sees FY 2017 sales $1.225 billion to $1.25 billion . Q3 adjusted non-GAAP earnings per share $0.16 . Sees adjusted EBITDA between $190 and $210 million for fiscal year 2017 .Q3 earnings per share view $0.14 -- Thomson Reuters I/B/E/S.  Full Article

Advanced Drainage Systems Inc has acquired assets of Plastic Tubing Industries
Monday, 6 Feb 2017 05:39pm EST 

Advanced Drainage Systems Inc :Advanced Drainage Systems Inc - it has acquired assets of Plastic Tubing Industries a manufacturer of HDPE pipe and related accessories, for $9.5 million.  Full Article

Advanced Drainage Systems posts Q2 adj. earnings $0.35/shr
Thursday, 12 Jan 2017 06:42am EST 

Advanced Drainage Systems Inc : Advanced Drainage Systems announces second fiscal quarter 2017 results . Q2 sales $361 million versus I/B/E/S view $359.7 million . Sees FY 2017 sales $1.225 billion to $1.25 billion . Q2 adjusted non-GAAP earnings per share $0.35 . Q2 earnings per share view $0.28 -- Thomson Reuters I/B/E/S . Sees adjusted EBITDA between $190 and $210 million for fiscal year 2017 . Anticipate that market headwinds will persist for remainder of fiscal year 2017 .Qtrly earnings per share $0.38.  Full Article

Advanced Drainage Systems to restate prior period financial statements
Tuesday, 29 Nov 2016 05:15pm EST 

Advanced Drainage Systems Inc : Advanced Drainage Systems to restate prior period financial statements . Restated financial information will include consolidated statements for annual periods ended March 31, 2016, 2015, 2014 . Due to nature of adjustments, co does not anticipate that restatement will impact revenue or adjusted EBITDA . Restated financial information will also include selected annual financial information for annual periods ended 2013, 2012 .Restated information will also include associated consolidated financial statements for quarterly periods for fiscal years 2016, 2015.  Full Article

Advanced Drainage Systems Q1 adjusted non-GAAP earnings per share $0.37
Thursday, 6 Oct 2016 07:23am EDT 

Advanced Drainage Systems Inc : Advanced Drainage Systems announces first fiscal quarter 2017 results . Q1 adjusted non-GAAP earnings per share $0.37 . Net sales for fiscal year 2017 are now forecast to be in range of $1.270 billion to $1.310 billion . Revised guidance on belief end market performance to be slightly lower than previously expected for rest of fiscal year 2017 . "we believe we will generate growth of mid-single digits in our core domestic construction markets for fy 2017" . Q1 sales $358 million versus I/B/E/S view $378.9 million . Q1 earnings per share view $0.24 -- Thomson Reuters I/B/E/S . Company has revised its net sales target for fiscal year 2017 . Sees Adjusted EBITDA (non-GAAP) $200 million to $225 million for full fiscal year . For FY2017, will continue to face headwinds in our agriculture end market and in Mexico .FY2017 revenue view $1.37 billion -- Thomson Reuters I/B/E/S.  Full Article

Advanced Drainage Systems files for non-timely 10-Q - SEC filing
Wednesday, 10 Aug 2016 06:01pm EDT 

Advanced Drainage Systems Inc : Says files for non-timely 10-Q - SEC filing . Significant management time and resources have been focused on the completion of the fiscal year 2016 audit . Anticipates will not be able be able to file quarterly report within extension period of 5 calendar days provided Source: (http://bit.ly/2aHnmEp ) Further company coverage: [WMS.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

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BRIEF-Advanced Drainage Systems sets quarterly cash dividend

* Sets quarterly cash dividend of $0.07 per share Source text for Eikon: Further company coverage: