Welcome to our dedicated page for Rollins news (Ticker: ROL), a resource for investors and traders seeking the latest updates and insights on Rollins stock.
Rollins, Inc. reports developments in pest control and related consumer and commercial services. Through Orkin and a family of other brands, the company and its franchises provide protection against termites, rodents, insects, mosquitoes, and other pests across North America, South America, Europe, Asia, Africa, and Australia.
Recurring Rollins news includes quarterly and annual financial results, organic and acquisition-related growth commentary, regular cash dividend declarations, investor conference participation, and brand-level updates from Orkin. Company announcements also cover seasonal pest activity reports, public-health awareness campaigns tied to mosquito control, and strategic M&A activity within its pest control brand portfolio.
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Rollins, Inc. (ROL) reported a robust financial performance for Q1 2023 with $658.0 million in revenue, reflecting an 11.4% year-over-year increase. Organic revenue growth was recorded at 9.2%. Operating income also saw a significant rise, reaching $112.2 million, a 20.2% increase from last year. The company's net income climbed by 19.6% to $88.2 million, translating to earnings per share (EPS) of $0.18, a 20% increase from $0.15 in Q1 2022. Operational cash flow improved by 15.1% to $100.8 million, while free cash flow surged to $93.1 million, a 17.1% increase. The Company recently acquired FPC Holdings, LLC for $318 million.