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ServiceMaster Jumps Following Earnings and Revenue Beat

Tony Owusu

The Memphis-based company reported a 13% increase in year-over-year revenue to $482 million, with adjusted net income of $45 million, or 33 cents per share. "Our solid performance in the quarter reflects the consistent progress we are making on executing our strategic initiatives," said ServiceMaster CEO Officer Nik Varty. ServiceMaster was up 9.3% to $53.95 Tuesday.