Secret Site Map
Sunday, May 24, 2015

Home News Rollins Announces Third Quarter Financial Results

Rollins Announces Third Quarter Financial Results

News Coverage

The Atlanta-based company posted net income growth of nearly 10 percent in the third quarter.

| October 24, 2012

ATLANTA — Rollins, Inc. reported a net income growth of nearly 10 percent in the third quarter, the company announced today.

Rollins recorded third quarter revenues of $340.2 million, an increase of 5.0% over the prior year's third quarter revenue of $323.9 million.  Net income increased 9.5% to $32.2 million or $0.22 per diluted share for the third quarter ended September 30, 2012, compared to $29.4 million or $0.20 per diluted share for the same period in 2011.

Rollins' revenues rose 5.3% for the first nine months of 2012 to $964.5 million compared to $916.0 million for the prior year.  Net income for the first nine months of 2012 was $88.4 million, or $0.60 per diluted share, compared to net income of $79.1 million, or $0.54 per diluted share for the same period last year.

At yesterday's Board of Directors meeting, the Board of Directors declared a regular quarterly cash dividend on its common stock of $0.08 per share plus a special year-end dividend of $0.12 per share both payable December 10, 2012 to stockholders of record at the close of business November 09, 2012.  

Gary W. Rollins, president and chief executive officer of Rollins, Inc., stated, "We are very pleased with our financial results for the third quarter and first nine months of fiscal 2012.  Our revenue growth was strong across the Company, which reflects the positive results we are receiving from the investments we have made.  We again improved our profit margins with favorable revenue to profit conversion."

 

Rollins added, "We are optimistic about concluding another successful year while gaining market share and delivering value to our customers and shareholders."  

 

Top news

Fastest Growing U.S. Cities in West And South, Census Bureau Reports

Most cities with populations above 100,000 in those regions grew significantly between 2000 and 2010, and 2010 and 2013, according to the bureau's report, which was released last week.

New Bee Survey Released

Losses of managed honey bee colonies were 23.1 percent for the 2014-2015 winter but summer losses exceeded winter numbers for the first time, making annual losses for the year 42.1 percent, according to preliminary results of the annual survey conducted by the Bee Informed Partnership, the U.S. Department of Agriculture (USDA) and the Apiary Inspectors of America.

Terminix Announces Top Mosquito Cities Based on Twitter Complaints

According to research by Terminix, the worst whining about mosquitoes came from Goodland, a small town in the northwest corner of Kansas. Terminix searched through approximately 200 billion tweets posted in 2014 to determine which United States city is most pestered by mosquitoes.

White House Releases Pollinator Action Plan

The Strategy, released last week, and its accompanying science-based Pollinator Research Action Plan outline needs and priority actions to better understand pollinator losses and improve pollinator health. These actions will be supported by coordination of existing Federal research efforts and accompanied by a request to Congress for additional resources to respond to the pollinator losses that are being experienced.

Legislative Day Video Coverage

More than 325 pest control industry professionals traveled to our nation’s capital in March for NPMA Legislative Day 2015, lead-sponsored by FMC Professional Solutions. In the day-plus of activities, PCOs attended sessions on important industry-related issues and heard from prominent national speakers before heading to Capitol Hill to meet with their congressional representatives. In addition to news articles, PCT’s coverage includes video interviews.

x