Advanced Drainage Systems Inc. Announces Advance In Q2 Bottom Line

(RTTNews) - Advanced Drainage Systems Inc. (WMS) reported a profit for its second quarter that advanced from last year.

The company's bottom line came in at $25.87 million, or $0.45 per share. This compares with $15.98 million, or $0.29 per share, in last year's second quarter.

The company's revenue for the quarter rose 1.4% to $406.56 million from $401.05 million last year.

Advanced Drainage Systems Inc. earnings at a glance:

-Earnings (Q2): $25.87 Mln. vs. $15.98 Mln. last year. -EPS (Q2): $0.45 vs. $0.29 last year. -Revenue (Q2): $406.56 Mln vs. $401.05 Mln last year.

-Guidance: Full year revenue guidance: $1.375 - $1.425 Bln