Secret Site Map
Sunday, February 01, 2015

Home News Rollins Reports Third Quarter 2009 Financial Results

Rollins Reports Third Quarter 2009 Financial Results

Business Strategy

Revenues for the third quarter of 2009 grew 3.2% to $286.9 million compared to $277.9 million for the third quarter of 2008.

Company news | November 2, 2009

ATLANTA — Rollins, Inc., parent company of Orkin, last week reported unaudited financial results for its third quarter ended September 30, 2009. Revenues for the third quarter of 2009 grew 3.2% to $286.9 million compared to $277.9 million for the third quarter of 2008.

Net income increased 14.8% to $22.7 million or $0.23 per diluted share for the third quarter compared to $19.8 million or $0.20 per diluted share for the same period last year.

The company repurchased 146,300 shares of common stock at a weighted average price of $17.81 per share during the third quarter bringing the total number of shares repurchased year-to-date to 1,450,100 at a weighted average price of $16.28. In total, approximately 3.2 million additional shares may be purchased under its share repurchase program.

"Rollins again delivered solid quarterly results. We were especially pleased to experience increased revenue across our entire family of companies," said Gary W. Rollins, President and Chief Executive Officer of Rollins, Inc. "Our revenue and lead generation programs are working and we are benefiting from a planned increase in our sales staff."

Rollins, concluded, "We are clearly focused on successfully completing the year while maintaining the positive momentum in revenue growth, expense control, and service performance improvement."
 

Top news

GMO Mosquitoes May Be Released in Florida

The FDA is considering whether to approve the experimental use of genetically modified mosquitoes in the Florida Keys to help stop the spread of dengue fever and other diseases.

Environmental Pest Service Expands to Orlando

The company, formerly Arrow Environmental Holdings, closed seven merger deals in December.

Truly Nolen Promotes McManamy to Western Region Manager

Shane McManamy now oversees the company's western districts and branches in Arizona, California, New Mexico, Texas and Utah.

Podcast: Adam Villareal on the Importance of Understanding Generational Differences

Villareal, president of Insight Pest Solutions, Raleigh, N.C., discusses insights he's gained from studying generational differences, and how he's applied this information to the day-to-day operations of his business.

Pam R. Rollins Elected to the Rollins, Inc. Board of Directors

She will serve as a new director of the company.

x