Roto-Rooter Shuts Down Small HVAC Operation

Roto-Rooter eliminated a small HVAC operation in an East Coast market, resulting in effectively zero HVAC revenue in Q3 2012. The closure incurred severance and other costs.

“Approximately $1.0 million, or 113 basis points, of this decline is attributed to Roto-Rooter eliminating a small HVAC operation in an East Coast market. This resulted in effectively zero HVAC revenue in the third quarter of 2012.”

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