Secret Site Map
Thursday, October 02, 2014

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

Police Officer Hospitalized After 100+ Yellowjacket Stings

A Georgia police officer was rushed to the hospital after a swarm of yellowjackets attacked him during a chase Wednesday, WSBTV reported.

Terminix Acquires Assets of Quebec-Based Groupe Cameron

The entrance into the Quebec province expands Terminix's presence in Canada.

Peanut Executive Guilty in Deadly Salmonella Outbreak

A jury in Georgia convicted a former peanut company owner Friday of conspiracy, fraud and other federal charges in a groundbreaking case stemming from a deadly salmonella outbreak almost six years ago.

BedBug Central Introduces SenSci Volcano and SenSci Activ

SenSci Volcano, a bed bug monitor, and SenSci Activ, a bed bug lure are products that can be used in combination for detection.

Batzner Pest Management to ‘Go Pink’ for Breast Cancer Awareness Month

As part of a Breast Cancer Awareness Month initiative, Batzner service professionals will be wearing pink shoe covers and pink gloves during October service visits.

x