Secret Site Map
Thursday, November 27, 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

NPMA Announces Opening for Director of Regulatory Affairs Position

The National Pest Management Association (NPMA) is seeking a qualified regulatory affairs professional to direct the day-to-day management and execution of NPMA’s federal and state regulatory affairs programs

Ehrlich Selected to Protect National Landmarks

The company has been selected by the National Park Service to install and maintain effective termite control systems for 14 national historic sites in the Delaware Valley, including Independence Hall.

NC State: Warmer Temps Limit Impact of Parasites, Boost Pest Populations

Research from North Carolina State University shows that some insect pests are thriving in warm, urban environments and developing earlier, limiting the impact of parasitoid wasps that normally help keep those pest populations in check.

PCO Caldwell in Country Gospel Music Video

Ronnie Caldwell, president of Innovative Pest Management, Denver, N.C., is one of the stars of the new Bruce Hedrick video 'A Better Man.'

Fruit Flies Learn From Others, Researchers Say

When female fruit flies have to decide where to lay their eggs, they take their lead from what they see most others in their group do, new research shows.

x