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Advanced Drainage Systems Inc (WMS)

WMS on New York Consolidated

20.10USD
22 Sep 2017
Change (% chg)

$0.25 (+1.26%)
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$19.85
Open
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Volume
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Latest Key Developments (Source: Significant Developments)

Advanced Drainage Systems names Scott Barbour CEO
Thursday, 17 Aug 2017 06:45am EDT 

Aug 17 (Reuters) - Advanced Drainage Systems Inc :Advanced drainage systems announces key management changes.Named Scott Barbour to serve as president and chief executive officer, succeeding Joe Chlapaty‍​.‍C. Robert Kidder to serve as chairman of board​​.  Full Article

Berkshire Partners reports 16.3 pct stake in Advanced Drainage Systems as of Aug 3
Monday, 7 Aug 2017 08:05pm EDT 

Aug 8 (Reuters) - Berkshire Partners Holdings::Berkshire Partners Holdings reports 16.3 pct stake in advanced Drainage Systems Inc <<>> as of Aug 3 - SEC filing.Berkshire Partners Holdings says it hold shares of the Advanced Drainage Systems common stock of for investment purposes.Berkshire Partners Holdings - plans to talk to advanced drainage systems which may include engaging with co on review of its strategic activities.Berkshire partners holdings - talks with advanced drainage systems may include assessment of co's organization, pursuit of initiatives for enhancing shareholder value.  Full Article

Advanced Drainage Systems acquires Duraslot Inc
Thursday, 3 Aug 2017 06:31am EDT 

Aug 3 (Reuters) - Advanced Drainage Systems Inc :Advanced Drainage Systems acquires Duraslot Inc.Advanced Drainage Systems Inc says terms of transaction were not disclosed..  Full Article

Advanced Drainage qtrly earnings per share $0.28
Thursday, 3 Aug 2017 06:30am EDT 

Aug 3 (Reuters) - Advanced Drainage Systems Inc :Advanced drainage systems announces first quarter fiscal 2018 results.Q1 sales rose 0.2 percent to $358.4 million.Sees fy 2018 sales $1.275 billion to $1.325 billion.Net sales for fiscal year 2018 are expected to be in the range of $1.275 billion to $1.325 billion.Sees ‍adjusted ebitda (non-gaap) is expected to be in range of $200 and $220 million for fiscal year 2018​.Capital expenditures are expected to be approximately $55 to $60 million in 2018.Qtrly earnings per share $0.28.  Full Article

Advanced Drainage Systems, on June 22, 2017 co, units entered into second amended, restated credit agreement
Wednesday, 28 Jun 2017 04:59pm EDT 

June 28 (Reuters) - Advanced Drainage Systems Inc ::Advanced Drainage Systems Inc - on june 22, 2017 co, units entered into a second amended and restated credit agreement - sec filing.Advanced Drainage Systems Inc - pursuant to agreement lenders have committed to provide company a $550 million revolving credit facility.Advanced drainage systems - agreement has option to increase such revolving credit facility or incur new term loans in amount of up to $150 million.Advanced drainage systems inc - on june 22, company and guarantors entered into second amended and restated private shelf agreement with pgim, inc.Advanced drainage systems - shelf notes shall bear interest at fixed interest rate and have maturity date not to exceed t10 years from date of issuance.  Full Article

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

BRIEF-Advanced Drainage Systems names Scott Barbour CEO

* Named Scott Barbour to serve as president and chief executive officer, succeeding Joe Chlapaty‍​