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Recent Updates — WMS

August 6, 2026View Source ↗

Advanced Drainage Systems reported first-quarter fiscal 2027 net sales of $1.0 billion, a 20.6% increase driven by the NDS acquisition and organic growth. Diluted EPS rose 22.8% to $2.26, while Adjusted EBITDA expanded 28.8% to $358.3 million with margins reaching 35.8%. The company confirmed its full-year fiscal 2027 guidance of $3.35 billion to $3.55 billion in net sales and $1.0 billion to $1.05 billion in Adjusted EBITDA. Concurrently, the Board declared a quarterly cash dividend of $0.20 per share, payable September 15, 2026, to shareholders of record on September 1, 2026. Advanced Drainage Systems manufactures innovative stormwater and onsite wastewater solutions for commercial, residential, infrastructure, and agricultural applications.