Secret Site Map
Sunday, December 21, 2014

Home News Rollins Announces Second Quarter Financial Results

Rollins Announces Second Quarter Financial Results

National News

The company recorded second quarter revenues of $334.9 million, an increase of 4.5% over the prior year's second quarter revenue of $320.4 million.

| July 25, 2012

ATLANTA — Rollins reported strong unaudited financial results for its second quarter ended June 30, 2012.

The company recorded second quarter revenues of $334.9 million, an increase of 4.5% over the prior year's second quarter revenue of $320.4 million. Net income increased 6.7% to $33.1 million or $0.23 per diluted share for the second quarter ended June 30, 2012, compared to $31.1 million or $0.21 per diluted share for the same period in 2011.

Rollins' revenues rose 5.4% for the first six months of 2012 to $624.3 million compared to $592.1 million for the prior year. Net income for the first six months of 2012 was $56.2 million, or $0.38 per diluted share, compared to net income of $49.7 million, or $0.34 per diluted share for the same period last year.

In the second quarter, the company repurchased 713,781 shares at a weighted average price of $21.06 per share bringing the total number of shares repurchased year-to-date to 781,781 at a weighted average price of $20.93. In total, 5,298,183 additional shares may be purchased under the share repurchase program.

Gary W. Rollins, president and chief executive officer of Rollins, Inc., stated, "We are pleased to report another solid quarter. Our revenue growth reported this quarter and for the first six months of this year reflects the contributions from all our brands. We remain focused on our customer service and sales programs. Our team's consistent execution and strong operational initiatives should continue to contribute to a successful 2012."

Top news

Alpha Ecological Participates in Downtown Boulder’s Lights of December Parade

The parade featured floats from various local businesses, churches, and civic centers in the Boulder area.

Malden High Schools Collaborate with Yankee Pest Control in Mural Contest

Students from Walden, Mass., area high schools painted murals on the backside of Yankee Pest Control's building for a competition. Yankee generously paid for all of the paint supplies and tarps, and provided pizza and refreshments to all of the students each time they were on site.

PCT Announces Winner of 13th Annual Photo Contest

Mark VanderWerp, manager of education and training at Rose Pest Solutions, takes home top honors with his photo of a jumping spider perched on a “succulent” plant.

El Paso Truly Nolen Acquires Fox Pest Control

Truly Nolen expands its Texas footprint with the acquistion of Fox Pest Control, a well established company.

Florida PCO to Provide Three Free Bed Bug Jobs for Christmas

This Christmas season Keller's Pest Control, Bradenton, Fla., will reward three needy families free bed bug treatments, the Bradenton Herald reported.

x