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Iron Mountain Incorporated (NYSE: IRM) is a global leader in storage and information management services. With a trust base of over 220,000 organizations worldwide, Iron Mountain manages an expansive real estate network that spans more than 80 million square feet across over 1,350 facilities in 45 countries. The company's mission is to safeguard and preserve what matters most to its customers.
Founded in 1951, Iron Mountain has grown to protect billions of information assets, including crucial business documents, electronic data, medical records, and even cultural and historical artifacts. The company’s extensive solutions portfolio includes records management, data management, document management, data centers, art storage and logistics, and secure shredding. These services help organizations reduce storage costs, comply with regulations, recover from disasters, and better utilize their information.
Iron Mountain is structured as a Real Estate Investment Trust (REIT), and a significant portion of its revenue stems from its storage solutions. Additional revenue is generated through value-added services, primarily targeting enterprise clients in developed markets. The company's business is categorized into three main segments: Global RIM Business, Global Data Center Business, and Corporate and Other Business.
Recent achievements and ongoing projects highlight Iron Mountain's commitment to innovation and customer service. The company continues to expand its data center operations, aiming to cater to the growing need for secure and efficient data storage solutions. Partnerships with leading tech firms and continuous upgrades to their infrastructure underscore Iron Mountain's pivotal role in the digital transformation era.
With its consistent focus on security, compliance, and customer satisfaction, Iron Mountain remains a vital entity in the information management industry. For the latest updates and more detailed information about Iron Mountain, visit their official website at www.ironmountain.com.
Iron Mountain (NYSE: IRM) will announce its Q2 2024 financial results before market hours on August 1, 2024. The company will host a conference call the same day at 8:30 AM ET to discuss the results. Earnings press release, slides, and supplemental financial information will be available on the Iron Mountain investor relations website. Investors can pre-register for the webcast and conference call, which allows them to bypass the live operator. The telephonic replay of the call will be available two hours after the call for one week.
Iron Mountain (NYSE: IRM), a global leader in information management, announced its participation in the Stifel 2024 Cross Sector Insight Conference in Boston, MA. The event is scheduled for June 4, 2024, at 10:55 am ET. Barry A. Hytinen, the Executive Vice President and Chief Financial Officer, will present at the fireside chat. The presentation will be webcast and can be accessed via the Investor Relations section on Iron Mountain's website.
Founded in 1951, Iron Mountain serves over 240,000 customers worldwide, offering services such as digital transformation, data centers, secure records storage, and more. The company is committed to helping businesses unlock value from their data while meeting environmental goals.
Iron Mountain Incorporated (NYSE: IRM) reported a strong start to 2024 with record revenue and first-quarter adjusted EBITDA. The company's total revenue reached $1.5 billion, up 12.4% from the previous year, driven by strong performance in storage rental and service revenue. Net income was $77 million, an 18% increase year over year. Iron Mountain affirmed its full-year 2024 guidance, expecting total revenue of $6-6.15 billion, adjusted EBITDA of $2.175-2.225 billion, and AFFO per share of $4.39-$4.51.
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