Page 1

April 28 , 2021 ROLLINS Rollins , Inc. Reports First Quarter 2021 Financial Results ATLANTA , April 28 , 2021 / PRNewswire / -- • Total Revenue increased 9.8 % for the quarter ; Total Revenue less Significant Acquisitions grew 7.9 % • Residential revenues increased 14.9 % for the quarter , with Termite increasing 12.2 % • Earnings Per Share of $ 0.19 for the quarter included $ 0.05 from non - recurring property disposition gains of $ 31.1 million • Adjusted Earnings Per Share * of $ 0.14 for the quarter excluded property disposition gains Rollins , Inc. ( NYSE : ROL ) , a premier global consumer and commercial services company , reported strong unaudited financial results for its first quarter ended March 31 , 2021 . The Company recorded first quarter revenues of $ 535.6 million , an increase of 9.8 % over the prior year's first quarter revenue of $ 487.9 million . Rollins ' reported net income was $ 92.6 million or $ 0.19 per diluted share for the first quarter ended March 31 , 2021 , compared to $ 43.3 million or $ 0.09 per diluted share for the same period in 2020. Adjusted net income * for the first quarter ended March 31 , 2021 was $ 69.8 million or $ 0.14 per diluted share . The Company , as planned , disposed of the majority of the properties received through the 2019 acquisition of Clark Pest Control of Stockton , Inc. The gain related to the disposition of these properties in the quarter ended March 31 , 2021 was $ 31.1 million pre - tax . Gary W. Rollins , Chairman and Chief Executive Officer of Rollins , Inc. stated , " We are extremely proud of our first quarter results and believe we are well positioned for 2021. Our employees have displayed a strong level of commitment and drive towards taking care of our customers who have shown their trust in our services throughout this pandemic . We are confident in our continued strategic growth and profitability moving forward . " Rollins , Inc. is a premier global consumer and commercial services company . Through its family of leading brands , Orkin , HomeTeam Pest Defense , Clark Pest Control , Orkin Canada , Western Pest Services , Northwest Exterminating , McCall Service , Inc. , Critter Control , The Industrial Fumigant Company , Trutech , Orkin Australia , Waltham Services , OPC Services , PermaTreat , Rollins UK , Aardwolf Pestkare , Crane Pest Control and MissQuito , the Company provides essential pest control services and protection against termite damage , rodents and insects to more than two million customers in North America ,