Every material Form 8-K Advanced Drainage Systems filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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
Advanced Drainage Systems reported fiscal first-quarter 2025 results for the period ended June 30, 2024, with net sales up 4.8% to $815.3 million but net income down 6.7% to $162.3 million. The company confirmed its fiscal 2025 targets and declared a quarterly dividend of $0.16 per share, a 14% increase over the prior year amount. Higher sales alongside lower profit leave the quarter's direction mixed for shareholders.
Net sales rose 4.8% to $815.3 million; net income fell 6.7% to $162.3 million
Diluted EPS was $2.06 versus $2.18 a year earlier, down 5.5%; adjusted EPS was flat at $2.06
Adjusted EBITDA was $275.5 million, with a margin of 33.8% versus 36.2% a year earlier
Fiscal 2025 targets confirmed: net sales $2.925 billion to $3.025 billion; Adjusted EBITDA $940 million to $980 million; quarterly dividend $0.16 per share payable September 13, 2024
Advanced Drainage Systems said Executive Vice President of Sales Michael G. Huebert gave notice on July 5, 2024 that he will resign effective July 19, 2024, to pursue an executive position with another company. The company stated his departure is not the result of any dispute or disagreement related to its operations, policies or practices.
Michael G. Huebert, Executive Vice President, Sales, gave notice of resignation on July 5, 2024.
Resignation takes effect July 19, 2024.
He is leaving to pursue an executive position with another company; the filing states no dispute or disagreement with the company.
The filing was submitted July 8, 2024, and was signed by EVP, CFO and Secretary Scott A. Cottrill.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Advanced Drainage Systems filing is on SEC EDGAR ↗. 8-K briefs of other companies →