Advanced Drainage Systems (WMS) Benefits From Site-Water Needs in Data Center Construction
Advanced Drainage Systems, Inc. (NYSE: WMS), reported strong fiscal Q4 results with a year-over-year sales increase of 9.9%, driven by rising demand for stormwater and wastewater infrastructure linked to data center construction. The company's recent acquisition added $48.8 million in revenue during the quarter.
Tickers: $WMS
Topics: company earnings data centers stormwater infrastructure