Secret Site Map
Wednesday, July 08, 2015

Home News Rollins Releases 4Q Results

Rollins Releases 4Q Results

Business Strategy

The parent company of Orkin and other brands reported that its fourth-quarter net income rose 12 percent on higher demand for its services.

| January 25, 2012

ATLANTA - Rollins, Inc., parent company of Orkin and other brands, reported that its fourth-quarter net income rose 12 percent on higher demand for its services.

The company reported that net income for the three months ended Dec. 31 rose to $21.6 million, or 15 cents per share, from $19.2 million, or 13 cents per share, a year earlier. That matched analyst expectations, according to FactSet.

Revenue rose 3 percent to $289.1 million.

For the year, net income rose 12 percent to $100.7 million, or 69 cents per share, from $90 million, or 61 cents per share. Revenue rose 6 percent to $1.21 billion from $1.14 billion last year.

"This year we exceeded our revenue and profit plans, and we surpassed the $100 million net income milestone," said CEO Gary W. Rollins.

On Tuesday, Rollins raised its quarterly dividend 14.3 percent to 8 cents from 7 cents. Its next dividend is payable March 9 to shareholders of record on Feb. 10.
 

Top news

EPA Proposes to Cancel Some Uses of Propoxur

The U.S. Environmental Protection Agency (EPA) is proposing to cancel certain uses of the propoxur after preliminary human health assessment found risks from certain applications, EPA announced Wednesday.

Dow AgroSciences Names Hanson Product Manager

Mike Hanson has been named product manager for the ActiveSense Remote Monitoring System under development by Dow AgroSciences.

Arrow Exterminators Acquires Hallman Pest Control

Atlanta-based Arrow Exterminators announced the acquisition of Hallman Pest Control of Oneonta, Ala. This strategic location will provide Arrow the opportunity to expand its footprint in the growing Alabama market.

Marathon Data Systems Rebrands as WorkWave

The company also announced the acquisition of Foxtrax GPS, a cloud-based leader in fleet tracking technology.

UF Publishes Tawny Crazy Ant Fact Sheet

The three-page fact sheet covers the tawny crazy ant’s distribution, description, colonies and feeding habits.

x