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AI brief of an SEC Form 8-K · Advanced Drainage Systems (WMS)

ADS Q2 net income falls 4.3% to $131.2 million on flat sales; fiscal 2025 targets updated

Mixed Impact 3 of 5 earnings Written later

ADS reported fiscal second-quarter 2025 results for the period ended September 30, 2024. Net sales were flat at $782.6 million, while net income fell 4.3% to $131.2 million and diluted earnings per share fell 2.3% to $1.67. The company also updated its fiscal 2025 targets and declared a $0.16 per share dividend, up from $0.14 in the prior-year quarter.

Key points

  • Q2 net sales of $782.6 million, up 0.3% from $780.2 million; diluted EPS of $1.67 versus $1.71
  • Adjusted EBITDA of $245.6 million, with a 31.4% margin versus 31.6% a year earlier
  • Fiscal 2025 net sales now expected at $2.900 billion to $2.975 billion; Adjusted EBITDA $880 million to $920 million
  • $0.16 per share cash dividend payable December 16, 2024, to holders of record on December 2, 2024

The filing

CompanyAdvanced Drainage Systems (WMS)
Form8-K, current report
Filed with the SECNov 8, 2024, 6:47 AM ET
Accession number0001604028-24-000041

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 08, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.