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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 Incorporated (NYSE: IRM) is set to announce its first quarter 2023 financial results on
Iron Mountain (NYSE: IRM) announced that Barry Hytinen, Executive Vice President and CFO, will present at the Morgan Stanley Technology, Media & Telecom Conference on March 7 at 8:35 am PT (11:35 am ET) in San Francisco, CA. The webcast can be accessed via the Investor Relations section on ironmountain.com. As a leader in innovative storage and information management services, Iron Mountain has over 225,000 customers globally, offering solutions in digital transformation, secure records storage, and more.
Iron Mountain (NYSE: IRM) reported strong financial results for Q4 and full-year 2022, with revenue growth of 14% year-over-year, amounting to $1.3 billion in Q4 and $5.1 billion for the year. Adjusted EBITDA increased by 13% in Q4 and 15% for the full year, reaching $1.8 billion. Net income rose significantly to $126 million in Q4 and $562 million for the year. The company declared a quarterly dividend of $0.6185, payable on April 5, 2023. For 2023, Iron Mountain projects total revenue between $5.5 billion and $5.6 billion, with an expected Adjusted EBITDA of $1.94 billion to $1.975 billion, reflecting a year-over-year growth of approximately 7%.
Iron Mountain Incorporated (NYSE: IRM) is set to report its fourth quarter and full year 2022 financial results on February 23, 2023, before market hours. A conference call will follow at 8:30 A.M. (ET) for investors to discuss the results, with opportunities for pre-registration. Interested parties can access earnings materials and a webcast link on the company’s investor relations page. Iron Mountain is a leader in storage, data center infrastructure, and information management services, serving over 225,000 customers worldwide. The company aims to help clients manage and unlock the value of their data securely.
Iron Mountain (NYSE: IRM), a global leader in storage and data management, announced the tax treatment for 2022 distributions on its common stock. Shareholders will receive IRS Form 1099-DIV, detailing their distributions. A notable cash distribution was paid on January 5, 2023, totaling $0.6185 per share, with $0.120354 allocated as a 2022 distribution. This highlights the necessity for shareholders to consider tax implications for both 2022 and 2023. Iron Mountain emphasizes the importance of correctly reporting these distributions to comply with federal and state tax laws.
Iron Mountain (NYSE: IRM) has appointed Mithu Bhargava as Executive Vice President and General Manager for digital solutions, joining the Executive Leadership Team and reporting to CEO William Meaney. Bhargava brings extensive experience in technology and business services, having led teams at companies like Akamai and Dell-EMC. She will enhance Iron Mountain’s digital strategy, focusing on innovation and growth in their digital products and solutions. This strategic hire aims to position the company for continued market expansion and improved customer offerings.
Iron Mountain Incorporated (NYSE: IRM) is set to present at the Wells Fargo 2022 TMT Summit in Las Vegas on November 29, 2022, at 10:40 am PT (1:40 pm ET). Barry Hytinen, Executive Vice President & CFO, will represent the company. Interested individuals can access the webcast through the Investor Relations section on www.ironmountain.com. Iron Mountain is renowned for its innovative storage and information management services, facilitating business transformations for over 225,000 customers globally.
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