Advanced Drainage Systems Inc. Earnings Drop In Q3

(RTTNews) - Advanced Drainage Systems Inc. (WMS) revealed a profit for third quarter that dropped from the same period last year.

The company's earnings totaled $14.29 million, or $0.25 per share. This compares with $28.87 million, or $0.51 per share, in last year's third quarter.

The company's revenue for the quarter fell 0.8% to $318.11 million from $320.83 million last year.

Advanced Drainage Systems Inc. earnings at a glance:

-Earnings (Q3): $14.29 Mln. vs. $28.87 Mln. last year. -EPS (Q3): $0.25 vs. $0.51 last year. -Revenue (Q3): $318.11 Mln vs. $320.83 Mln last year.

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