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.
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