Advanced Drainage Systems

Advanced Drainage Systems, Inc. engages in the manufacture of thermoplastic corrugated pipe, which provides a suite of water management products and drainage solutions for use in the construction and infrastructure marketplace. It operates through the following segments: Pipe, Infiltrator, International, and Allied Products & Other. The Pipe segment manufactures and markets thermoplastic corrugated pipe throughout the United States. The Infiltrator segment provides plastic leachfield chambers and systems, septic tanks and accessories, primarily for use in residential applications. The International segment manufactures and markets pipe and allied products in regions outside of the United States. The Allied Products & Other segment manufactures and markets products throughout the United States. Products include StormTech, Nyloplast, ARC Septic Chambers, Inserta Tee, water quality filters and structures, Fittings, and FleXstorm. The company was founded in 1966 and is headquartered in Hilliard, OH.

Earnings data Q1 2023

Earnings data Q2 2023

Residential and Non-Residential end markets should bottom in coming quarters as the Federal Reserve is likely to become less hawkish after the recent bank fiasco. WMS' superior and cost-effective products should continue to help the company grow faster than the end markets.

Advanced Drainage Systems: Low Valuation And Good Long-Term Growth Prospects

Advanced Drainage Systems, Inc. (NYSE:WMS ) Q3 2023 Earnings Conference Call February 2, 2023 10:00 AM ET Company Participants Mike Higgins - Vice President of Corporate Strategy and Investor Relations Scott Barbour - President and CEO Scott Cottrill - CFO Conference Call Participants Michael Halloran - Baird Matthew Bouley - Barclays Garik Shmois - Loop Capital Spencer Kaufman - UBS Operator Good morning, ladies and gentlemen, and welcome to the Advanced Drainage Systems Third Quarter of Fiscal Year 2023 Results Conference Call. My name is Bailey, and I'll be your operator for today's call.

Advanced Drainage Systems, Inc. (WMS) Q3 2023 Earnings Call Transcript

Advanced Drainage (WMS) delivered earnings and revenue surprises of -4.81% and 6.26%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Advanced Drainage Systems (WMS) Lags Q3 Earnings and Revenue Estimates

HILLIARD, Ohio--( BUSINESS WIRE )--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries, today announced that its Board of Directors (the “Board”) has approved a quarterly cash dividend to its shareholders in the amount of $0.12 per share, a 9% increase over the prior year dividend amount.

Advanced Drainage Systems Announces Quarterly Cash Dividend

HILLIARD, Ohio--( BUSINESS WIRE )--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries today announced financial results for the fiscal third quarter ended December 31, 2022.

Advanced Drainage Systems Announces Third Quarter Fiscal 2023 Results

Innovative Funding to Support Talent Pipeline for Much-Needed Behavioral Health Professionals HILLIARD and COLUMBUS, Ohio , Jan. 25, 2023 /PRNewswire/ -- Nationwide Children's Hospital and Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries and the largest plastic recycler in North America, today announced a gift of $3 million from the ADS Foundation to create the Advanced Drainage Systems Behavioral Health Professional Development Fund. This funding will provide scholarships and educational opportunities for Nationwide Children's employees who want to grow their career in behavioral health.

ADS Foundation Donates $3 Million to Nationwide Children's Hospital to Support Professional Development in Pediatric Behavioral Health

HILLIARD, Ohio--( BUSINESS WIRE )--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries announced today that Roy Moore, Executive Vice President, intends to retire effective May 31, 2023. As part of the Company's succession plan, Craig Taylor, will succeed Moore in his current role. Craig Taylor currently serves as the Vice President of Finance at the Company's wholly owned subsidiary, Infiltrator Water Technologies, LLC (“Infiltrator”).

Advanced Drainage Systems Announces Retirement of Roy Moore, Executive Vice President, Infiltrator

HILLIARD, Ohio--( BUSINESS WIRE )--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading manufacturer of stormwater and onsite septic wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited financial results for the fiscal third quarter ended December 31, 2022, before the market opens on February 2, 2023.

Advanced Drainage Systems to Announce Third Quarter Fiscal Year 2023 Results on February 2, 2023

Advanced Drainage Systems' (WMS) strength in its priority states and pricing actions may benefit amid the inflationary headwind.

Will Advanced Drainage Systems (WMS) be Able to Regain in FY23?

HILLIARD, Ohio , Jan. 5, 2023 /PRNewswire/ -- Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries and the largest plastic recycler in North America, today announced a three-year, $500,000 gift from the ADS Foundation to The Nature Conservancy. The donation will aid in water conservation efforts in four states: California, Florida, North Carolina and Texas.

ADS Foundation Donates to The Nature Conservancy to Support Water Protection Efforts in Four States

Near-term headwinds like deferred demand due to Hurricane Ian and destocking in leachfield business are expected to impact revenue negatively. In the long run, WMS should continue to witness above market growth rate due to its superior and cost-effective products.

Advanced Drainage Systems: Recent Correction Is A Buying Opportunity

HILLIARD, Ohio--( BUSINESS WIRE )--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries, today announced that the Texas Department of Transportation (TXDOT) released a new special specification that approves the use of thermoplastic pipe in storm sewer and culvert applications statewide.

Texas Department of Transportation Issues Special Specification Allowing for Use of Thermoplastic Pipe in Stormwater Applications

HILLIARD, Ohio , Nov. 17, 2022 /PRNewswire/ -- Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries and the largest plastic recycler in North America, today announced the ADS Foundation donated $25,000 to the Florida Disaster Fund to help in the recovery from Hurricanes Ian and Nicole. The ADS Foundation is the charitable arm of ADS with a vision to lead the way for organizations and communities in preserving clean water, promoting recycling and advancing quality of life.

ADS Foundation Donates to the Florida Disaster Fund in Support of Hurricane Ian and Hurricane Nicole Recovery in the State

Advanced Drainage Systems, Inc. (NYSE:WMS ) Q2 2023 Earnings Conference Call November 3, 2022 10:00 AM ET Company Participants Mike Higgins - VP, Corporate Strategy & IR Scott Barbour - President & CEO Scott Cottrill - CFO Conference Call Participants Michael Halloran - Baird Matthew Bouley - Barclays Josh Pokrzywinski - Morgan Stanley Garik Shmois - Loop Capital Spencer Kaufman - UBS Operator Good morning, ladies and gentlemen, and welcome to Advanced Drainage Systems Second Quarter of Fiscal Year 2023 Results Conference Call. My name is Jason, and I am your operator for today's call.

Advanced Drainage Systems, Inc. (WMS) Q2 2023 Earnings Call Transcript

Advanced Drainage (WMS) delivered earnings and revenue surprises of -4.26% and 4.91%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Advanced Drainage Systems (WMS) Q2 Earnings and Revenues Lag Estimates

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries today announced financial results for the fiscal second quarter ended September 30, 2022.

Advanced Drainage Systems Announces Second Quarter Fiscal 2023 Results

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading manufacturer of stormwater and onsite septic wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited financial results for the fiscal second quarter ended September 30, 2022 before the market opens on November 3, 2022.

Advanced Drainage Systems to Announce Second Quarter Fiscal Year 2023 Results on November 3, 2022

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Solid demand, innovative solutions and higher ROE look encouraging for Advanced Drainage Systems' (WMS) future.

Advanced Drainage (WMS) Looks Promising: Invest in the Stock

The Repurposing Plastic Waste in Infrastructure Committee is researching how recycled materials can be used in the nation's infrastructure projects HILLIARD, Ohio , Sept. 23, 2022 /PRNewswire/ -- Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries and the largest plastic recycler in North America, on Wednesday, Sept.

Advanced Drainage Systems Welcomes National Academy of Sciences Committee for Tour of Recycling, Research and Manufacturing Facilities

Advanced Drainage (WMS) could produce exceptional returns because of its solid growth attributes.

Looking for a Growth Stock? 3 Reasons Why Advanced Drainage (WMS) is a Solid Choice

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After Golden Cross, Advanced Drainage Systems (WMS)'s Technical Outlook is Bright

New industry-leading ADS Engineering & Technology Center to add jobs, and expand state-of-the-art capabilities inmaterials science, manufacturing technologies and stormwater and onsite septic wastewater management solutions HILLIARD, Ohio , Aug. 29, 2022 /PRNewswire/ -- Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries and the largest plastic recycler in North America, today announced plans to invest a total of approximately $65 million in Hilliard, Ohio, near the company's existing headquarters. This investment will fund the development of a nearly 110,000-square-foot industry-leading Engineering & Technology Center.

ADS Announces $65 Million Expansion in Hilliard, Ohio

3 Reasons Why Advanced Drainage (WMS) Is a Great Growth Stock

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While many stocks still reside in the red year-to-date, there is a handful of them that have provided investors solid returns in 2022, including Archer Daniels Midland (ADM), Advanced Drainage Systems (WMS), and Arch Capital Group (ACGL).

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