WMS · Advanced Drainage Systems
AI read · Good for WMS
The AI's read
The gains came from both stormwater and wastewater. Advanced Drainage Systems also kept 35.8 cents of each sales dollar as adjusted EBITDA, a company profit measure. Some customers bought early before price increases, shifting sales from the next quarter. Housing and land development were weak. Even excluding those early orders, sales from existing operations grew at a mid-single-digit rate, so the broader gains carry more weight.