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Advanced Drainage Systems Inc (WMS.N)

WMS.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Advanced Drainage Systems Says Co Resolved Investigation By SEC Regarding Co's Historical Accounting Practices
Wednesday, 11 Jul 2018 

July 10 (Reuters) - Advanced Drainage Systems Inc ::ADVANCED DRAINAGE SYSTEMS - AS OF JULY 10, CO RESOLVED INVESTIGATION BY SEC REGARDING CO'S HISTORICAL ACCOUNTING PRACTICES.ADVANCED DRAINAGE SYSTEMS - AS PART OF SETTLEMENT WITH SEC, CO CONSENTED TO ENTRY OF ADMINISTRATIVE ORDER WITHOUT ADMITTING/DENYING FINDINGS THEREIN.ADVANCED DRAINAGE SYSTEMS INC - ORDER REQUIRES COMPANY TO PAY A CIVIL MONETARY PENALTY OF $1 MILLION TO SEC.  Full Article

Berkshire Partners Says It Holds Shares Of Common Stock Of Advanced Drainage Systems For "Investment Purposes"
Thursday, 31 May 2018 

May 31 (Reuters) - Advanced Drainage Systems Inc ::BERKSHIRE PARTNERS HOLDINGS LLC SAYS IT HOLDS SHARES OF COMMON STOCK OF ADVANCED DRAINAGE SYSTEMS FOR "INVESTMENT PURPOSES" - SEC FILING.BERKSHIRE PARTNERS HOLDINGS LLC - INTEND TO REVIEW THEIR INVESTMENT IN ADVANCED DRAINAGE SYSTEMS ON A CONTINUING BASIS.  Full Article

Advanced Drainage Systems Q1 adjusted non-GAAP earnings per share $0.37
Thursday, 6 Oct 2016 

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
Thursday, 11 Aug 2016 

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

BRIEF-Advanced Drainage Systems Posts Q3 EPS ‍$0.51​

* ADVANCED DRAINAGE SYSTEMS ANNOUNCES THIRD QUARTER FISCAL 2018 RESULTS