HILLIARD, Ohio (AP) _ Advanced Drainage Systems Inc. (WMS) on Thursday reported fiscal second-quarter profit of $7.6 million.
The Hilliard, Ohio-based company said it had profit of 10 cents per share.
The maker of water drainage systems and pipes posted revenue of $495.9 million in the period.
Advanced Drainage expects full-year revenue in the range of $1.6 billion to $1.65 billion.
Advanced Drainage shares have increased 57% since the beginning of the year. The stock has risen 34% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WMS at https://www.zacks.com/ap/WMS
Automated Insights, source Associated Press News