Brief: Advanced Drainage Systems Announces Q1 Fiscal 2023 Results

Advanced Drainage Systems

04/08/2022 12:11

Aug 4 (Reuters) - Advanced Drainage Systems Inc  WMS.N :
    * ADVANCED DRAINAGE SYSTEMS ANNOUNCES FIRST QUARTER FISCAL
2023
RESULTS
    * Q1 SALES ROSE 36.6 PERCENT TO $914.2 MILLION
    * QTRLY DILUTED EARNINGS PER SHARE $2.22
    * SEES FISCAL 2023 NET SALES ARE NOW EXPECTED TO BE IN RANGE
OF
$3.250 BILLION TO $3.350 BILLION
    * Q1 EARNINGS PER SHARE VIEW $1.48, REVENUE VIEW $858.8
MILLION --
REFINITIV IBES DATA
    * CAPITAL EXPENDITURES ARE EXPECTED TO BE IN RANGE OF $150
MILLION
TO $180 MILLION IN 2023

Source text for Eikon:  ID:nBw6BQmBNa 
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