Good morning, everyone. Today we had a conference call with Rollins, Inc. discussing our third quarter 2024 earnings. We had a solid quarter despite operational disruptions caused by Hurricane Helene. Our revenue increased by 9% to $916 million, with healthy organic growth of 7.7%. We continue to see solid revenue growth across all major service lines.
We invested significantly in incremental sales staffing and marketing activities in Q3, which helped us convert quality leads into new customer growth. Our commercial division continues to strategically add feet on the street to our sales force and leverage data analytics for success. We closed 32 tuck-in deals in the first nine months of the year, with a healthy M&A pipeline.
Regarding pricing, we continue to see strong returns and plan to maintain our current pricing strategy. We are confident in our future growth opportunities and remain committed to investing in our people and providing the best customer experience.
We also discussed our progress on cost-cutting initiatives and modernization of SG&A expenses. We have made good progress in these areas and are pleased with the returns we have seen.
Looking ahead to next year, we do not anticipate an increase in costs to maintain our growth rates. We are happy with our current level of organic growth and plan to continue our investments strategically.
Overall, we are excited about the future of our business and look forward to continued success. Thank you for joining our call today.
