{"schema_version":"secwatch.filing_event.v1","accession":"0001604028-22-000045","form_type":"8-K","ticker":"WMS","cik":"0001604028","company_name":"ADVANCED DRAINAGE SYSTEMS, INC.","filed_at":"2022-08-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:56.333176+00:00","generated_at":"2026-06-24T04:09:07.744886+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"ADS Q1 FY2023: revenue +37% to $914M, net income +144%, raises guidance, dividend up 9%","bullets":["Net sales $914.2M (+36.6% YoY); net income $188.5M (+144.4%) from $669.3M and $77.0M a year ago.","Adjusted EBITDA $299.0M (+79.5%); margin expanded to 32.7% from 24.9%.","Company raises FY 2023 revenue and Adjusted EBITDA guidance citing broad-based strength and share gains.","Board approved a 9% dividend increase to $0.12/share, payable Sept 15, 2022 to holders of record Sept 1."],"urls":{"canonical":"https://secwatch.observer/filing/0001604028-22-000045","json":"https://secwatch.observer/filing/0001604028-22-000045.json","markdown":"https://secwatch.observer/filing/0001604028-22-000045.md","text":"https://secwatch.observer/filing/0001604028-22-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1604028/000160402822000045/0001604028-22-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1604028/000160402822000045/wms-20220804.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T04:09:07.744886+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}