Skip to main content

Advanced Drainage: Fiscal Q4 Earnings Snapshot

HILLIARD, Ohio (AP) — HILLIARD, Ohio (AP) — Advanced Drainage Systems Inc. (WMS) on Thursday reported earnings of $32.9 million in its fiscal fourth quarter.

On a per-share basis, the Hilliard, Ohio-based company said it had profit of 42 cents. Earnings, adjusted for one-time gains and costs, came to $1.07 per share.

The maker of water drainage systems and pipes posted revenue of $676.8 million in the period.

For the year, the company reported profit of $426.5 million, or $5.44 per share. Revenue was reported as $3.05 billion.

Advanced Drainage expects full-year revenue in the range of $3.35 billion to $3.55 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WMS at https://www.zacks.com/ap/WMS

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story

Related Stories

Knicks take 1-0 lead into game 2 against the Spurs

Beijing bans 4 New Zealand lawmakers from entering China because they visited Taiwan

Police warn families of Tiananmen crackdown dead not to visit graves on 37th anniversary