ATLANTA — Rollins yesterday reported unaudited financial results for its second quarter and six months ended June 30, 2018.
The company recorded second quarter revenues of $480.5 million, an increase of 10.8 percent over the prior year's second quarter revenue of $433.6 million. Rollins' net income increased 22.1 percent to $65.5 million or $0.30 per diluted share for the second quarter ended June 30, 2018, compared to $53.7 million or $0.25 per diluted share for the same period in 2017.
Rollins' revenues rose 9.9 percent for the first six months of 2018 to $889.2 million compared to $808.8 million for the prior year. Net income for the first six months of 2018 was $114.1 million or $0.52 per diluted share, an increase of 21.4 percent, or $0.09 per diluted share compared to $94.0 million or $0.43 per diluted share for the same period last year.
Gary W. Rollins, vice chairman and chief executive officer of Rollins, stated, "We are confident that our strategy of investing to improve our market share will prove to be beneficial long-term. The acquisition of Aardwolf Pestkare announced earlier this month will expand our international presence to Singapore. The addition of this terrific company in tandem with our other leading brands strengthens Rollins as the largest worldwide pest control provider."
Through its wholly owned subsidiaries, Orkin, HomeTeam Pest Defense, Orkin Canada, Western Pest Services, Northwest Exterminating, Critter Control, The Industrial Fumigant Company, Trutech, Orkin Australia, Waltham Services, OPC Pest Services, PermaTreat, Rollins UK, Aardwolf Pestkare, and Crane Pest Control, the company provides pest control services and protection against termite damage, rodents and insects to more than two million customers in the United States, Canada, Central America, South America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, Mexico, and Australia from more than 700 locations. Learn more at www.rollins.com.
The company recorded second quarter revenues of $480.5 million, an increase of 10.8 percent over the prior year's second quarter revenue of $433.6 million. Rollins' net income increased 22.1 percent to $65.5 million or $0.30 per diluted share for the second quarter ended June 30, 2018, compared to $53.7 million or $0.25 per diluted share for the same period in 2017.
Rollins' revenues rose 9.9 percent for the first six months of 2018 to $889.2 million compared to $808.8 million for the prior year. Net income for the first six months of 2018 was $114.1 million or $0.52 per diluted share, an increase of 21.4 percent, or $0.09 per diluted share compared to $94.0 million or $0.43 per diluted share for the same period last year.
Gary W. Rollins, vice chairman and chief executive officer of Rollins, stated, "We are confident that our strategy of investing to improve our market share will prove to be beneficial long-term. The acquisition of Aardwolf Pestkare announced earlier this month will expand our international presence to Singapore. The addition of this terrific company in tandem with our other leading brands strengthens Rollins as the largest worldwide pest control provider."
Through its wholly owned subsidiaries, Orkin, HomeTeam Pest Defense, Orkin Canada, Western Pest Services, Northwest Exterminating, Critter Control, The Industrial Fumigant Company, Trutech, Orkin Australia, Waltham Services, OPC Pest Services, PermaTreat, Rollins UK, Aardwolf Pestkare, and Crane Pest Control, the company provides pest control services and protection against termite damage, rodents and insects to more than two million customers in the United States, Canada, Central America, South America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, Mexico, and Australia from more than 700 locations. Learn more at www.rollins.com.
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