Advanced Drainage Systems FY27 Q1 net income from continuing operations climbs 22.5% to USD 176.57 million; net sales rise 20.6% to USD 1 billion
WMS•Fiscal Q1 results
- ADS posted fiscal Q1 net sales up 20.6% to USD 1.0 billion; organic net sales rose 9.2%.
- Net income from continuing operations climbed 22.5% to USD 176.6 million; diluted EPS from continuing operations rose 22.8% to USD 2.26.
- Adjusted EBITDA (non-GAAP) increased 28.8% to USD 358.3 million; adjusted EBITDA margin widened 230 basis points to 35.8%.
- Stormwater net sales rose 24.2% to USD 809.4 million, including USD 94.7 million from NDS; wastewater net sales increased 7.5% to USD 191.7 million.
Outlook and capital return
- ADS confirmed fiscal 2027 net sales outlook of USD 3.35 billion to USD 3.55 billion.
- The company repurchased USD 228.5 million of stock.
Related News
BlackRock TCP Capital Q2 FY26 net investment income falls to $18.14 million; revenue drops to $40 million
TCPC•
Vivani Medical completes dosing in SLIM-1 Phase 1 trial of NPM-139 semaglutide implant for weight management
VANI•
