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ROLLINS ROLLINS , INC . REPORTS SECOND QUARTER AND SIX MONTH 2021 FINANCIAL RESULTS July 28 , 2021 ATLANTA , July 28 , 2021 / PRNewswire / -- Rollins , Inc. ( NYSE : ROL ) , a premier global consumer and commercial services company , reported strong unaudited financial results for its second quarter and six months ended June 30 , 2021 . The Company recorded second quarter revenues of $ 638.2 million , an increase of 15.3 % over the prior year's second quarter revenue of $ 553.3 million . Rollins ' reported net income was $ 98.9 million or $ 0.20 per diluted share for the second quarter ended June 30 , 2021 , compared to $ 75.4 million or $ 0.15 per diluted share for the same period in 2020 . Rollins ' revenues rose 12.7 % for the first six months of 2021 to $ 1.174 billion compared to $ 1.041 billion for the prior year . Net income for the first six months of 2021 was $ 191.5 million or $ 0.39 per diluted share compared to $ 118.6 million or $ 0.24 per diluted share for the same period last year . Adjusted net income * and adjusted earnings per diluted share * for the six months ended June 30 , 2021 were $ 168.3 million or $ 0.34 , respectively , compared to $ 118.6 million or $ 0.24 per diluted share for the same period last year . 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 and six months ended June 30 , 2021 was $ 0.5 and $ 31.5 million pre - tax . Gary W. Rollins , Chairman and Chief Executive Officer of Rollins , Inc. stated , " We are very pleased with our strong financial results for both the quarter and first half of 2021 , across all business lines . We are proud of the continued dedication of our employees throughout the pandemic , and are positioned well for the remainder of the year . " 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 , 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 , South America , Europe , Asia , Africa , and Australia from more than 700 locations . You can learn more about Rollins and its subsidiaries by visiting our web sites at www.orkin.com , www.pestdefense.com , www.clarkpest.com , www.orkincanada.ca , www.westernpest.com , www.callnorthwest.com , www.mccallservice.com , www.crittercontrol.com , www.indfumco.com , www.trutechinc.com , www.orkinau.com , www.walthamservices.com , www.opcpest.com , www.permatreat.com , www.safeguardpestcontrol.co.uk , www.aardwolfpestkare.com , www.cranepestcontrol.com , www.missquito.com and www.rollins.com . You can also find this and other news releases at www.rollins.com by accessing the news releases button . * Adjusted amounts presented in this release are non - GAAP financial measures . See the appendix to this release for a discussion of non - GAAP financial metrics including a reconciliation of the most closely correlated GAAP measure . CAUTION CONCERNING FORWARD - LOOKING STATEMENTS Certain statements in this release constitute forward - looking statements within the meaning of the federal securities laws that involve risks and uncertainties concerning the business and financial results of Rollins , Inc. We have based these forward - looking statements largely on our current opinions , expectations , beliefs , plans , objectives , assumptions and projections about future events and financial trends affecting the operating results and financial condition of our business . Forward - looking statements should not be read as a guarantee of future performance or results , and will not necessarily be accurate indications of the times at , or by , which such performance or results will be achieved . Forward - looking statements are based on information available at the time those statements are made and / or management's good faith belief as of that time with respect to future events , and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward - looking statements . In addition to those factors discussed under Item 1A . , " Risk Factors , " of Part I of the Company's Annual Report on Form 10 - K , filed with the U.S. Securities and Exchange Commission ( the " SEC " ) , for the year ended December 31 , 2020 , the reader should consider the following list of general factors that , among others , could cause the Company's actual results and financial condition to differ materially from estimated results and financial condition : the Company's belief that its accounting estimates and assumptions , financial condition and results of operations may change materially in future periods in response to the COVID - 19 pandemic ; the outcomes of any pending claim , proceeding , litigation , regulatory action or investigation filed against us , which could have a material adverse effect on our business , financial condition and results of operations ; the Company's evaluation of pending and threatened claims and establishment of loss contingency reserves based upon outcomes it currently believes to be probable and reasonably estimable ; the Company's reasonable certainty that it will exercise the renewal options on its operating leases ; risks related to the Company's belief that its current cash and cash equivalent balances , future cash flows expected to be generated from operating activities and available borrowings under its $ 175.0 million revolving credit facility and $ 250.0 million term loan facility will be sufficient to finance its current operations and obligations , and fund expansion of the business for the foreseeable future ; the Company's ability to remain in compliance with applicable debt covenants under the Credit Facility throughout 2021 ; the Company's expectation that it will continue to pay cash dividends to common stockholders , subject to the earnings and financial condition of the Company and other relevant factors ; the Company's ability to continue the purchase of Company common stock when appropriate ; risks related to the Company's ability to continue to grow its business in foreign markets in the future through reinvestment of foreign deposits and future earnings as well as acquisitions of unrelated companies and that repatriation of cash from the company's foreign subsidiaries is not a part of the Company's current business plan ; the Company's ability to fund any remaining 2021 benefit plan obligations with reversion of any remaining pension assets to the Company in compliance with ERISA regulations during 2021 ; the Company's