Roto-Rooter reported net income of 28 cents a share for the second quarter of 2003, compared with net income of 46 cents per share for the same period in 2002. Service revenues and sales from continuing operations were $77.3 million, down slightly from 2002’s $79.1 million. The Plumbing and Drain Segment saw a revenue increase of 2 percent, but an earnings decrease of 24 percent. This is a result of increased investments in marketing and higher general and administrative expenses, the company said.
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As electronics continue to become smaller, faster, and more affordable, more and more contractors are investing in fleet-management solutions that help reduce their technicians’ time on the road, improve productivity, save gas, and protect these major assets from misuse or theft. Read more stories in 2017 April Issue.