Iron Mountain - IRM STOCK NEWS

Iron Mountain (NYSE: IRM) reported strong Q2 2024 results, achieving record quarterly Revenue of $1.5 billion (up 13% YoY) and Adjusted EBITDA of $544.4 million (up 14.4% YoY). The company's Net Income rose to $35 million, compared to $1 million in Q2 2023. Notably, Iron Mountain's Data Center business leased 66 megawatts in Q2, prompting an increase in the full-year projection to 130 megawatts. The company now expects to be towards the upper end of its full-year 2024 guidance range. Additionally, Iron Mountain increased its quarterly dividend by 10% to $0.715 per share, reflecting strong AFFO growth and alignment with long-term plans.

Iron Mountain (NYSE: IRM) has elected Andre Maciel to its Board of Directors, effective July 22, 2024. Maciel, currently the Global Chief Financial Officer for The Kraft Heinz Company, brings extensive experience in finance, auditing, and digital transformation. His international background, having lived in 13 countries, adds a global perspective to the board.

Maciel's career includes key roles at H.J. Heinz, AB InBev, McKinsey & Company, and Accenture. Iron Mountain's leadership expressed confidence that Maciel's financial and operational expertise will benefit the company and support its growth trajectory. His appointment is seen as strengthening the board with valuable digital transformation experience and international insights.

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.

Iron Mountain Incorporated (NYSE: IRM) will release its first quarter 2024 financial results on May 2, 2024. The company will host a conference call to discuss the results on the same day. Investors can access the earnings press release, conference call slides, and financial information on the company's website. Those interested in joining the conference call are encouraged to pre-register for immediate access.

Iron Mountain Incorporated (NYSE: IRM) to participate in fireside chat at Morgan Stanley Conference on March 5, 2024, presented by Barry A. Hytinen, Executive Vice President and CFO.

Iron Mountain Incorporated (IRM) reports strong financial results for the fourth quarter and full year 2023, achieving record revenue and Adjusted EBITDA. The company's net income was $29 million, with total revenue reaching $5.48 billion for the year. Iron Mountain issues a robust 2024 guidance with revenue growth of 10-12%.

Iron Mountain Incorporated (NYSE: IRM) will report its Q4 and full year 2023 financial results on February 22, 2024. The company will host a conference call to discuss results on the same day. Investors can access the earnings press release, conference call slides, and supplemental financial information on the company's investor website. Pre-registration for the conference call is encouraged to gain immediate access to the call and bypass the live operator.