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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 hosting an Investor Event on September 20, 2022, at 9:00 am Eastern Time, featuring management presentations from CEO William L. Meaney and other executives. The event will be webcast live, with presentation slides accessible on the company's investor relations website. Established in 1951, Iron Mountain is a leader in storage, data center infrastructure, and information management services, serving over 225,000 clients globally, and enabling businesses to unlock value from their assets.
Iron Mountain Incorporated (NYSE: IRM), a leader in storage and information management, is set to hold an Investor Event on September 20, 2022, beginning at 9:00 am ET. The event will include a live webcast, and registration is available on their Investor Relations webpage. Following the event, a replay will be accessible online. Founded in 1951, Iron Mountain serves over 225,000 customers worldwide, focusing on digital transformation and secure information management.
Iron Mountain announced record financial results for Q2 2022, with total revenue reaching $1.29 billion, a 15% increase from the prior year. Service revenue surged 34%, while storage rental revenue grew 5%. Net income fell to $202 million, a 27% decrease year-over-year, attributed to lower real estate sales gains. Adjusted EBITDA increased by 12% to $455 million, and AFFO rose 10% to $271 million. The company declared a quarterly dividend of $0.6185 and reaffirmed full-year guidance for 2022, projecting revenue of $5.125 - $5.275 billion and AFFO of $1.085 - $1.120 billion.
Iron Mountain (NYSE: IRM) has launched its Iron Mountain InSight on Amazon Web Services (AWS) as a Software as a Service (SaaS) platform, enhancing customer capabilities in digital transformation. This offering consolidates physical and digital information management, providing visibility and compliance. The platform employs AWS AI/ML tools to extract and manage data in over 50 languages, targeting organizations at various stages of their digital journey. The move strengthens Iron Mountain's relationship with AWS and reflects its commitment to cloud-first solutions.
Iron Mountain Incorporated (NYSE: IRM) will release its second quarter 2022 financial results before market hours on August 4, 2022. A conference call discussing these results will be held at 8:30 A.M. ET the same day. Investors can access the earnings press release and financial information prior to the call at investors.ironmountain.com. The company provides innovative storage, data center infrastructure, and information management services, playing a critical role in helping over 225,000 customers worldwide transform their businesses.
Iron Mountain (NYSE: IRM) announced that President & CEO William Meaney will present at the Stifel 2022 Cross Sector Insight Conference on June 7, 2022, at 8:00 am ET in Boston, MA. Investors can access the webcast through the Investor Relations section of Iron Mountain's website. The company is recognized as a global leader in storage, data center infrastructure, and information management services, serving over 225,000 customers worldwide since its founding in 1951. For more details, visit www.ironmountain.com.
MSCI Inc. has announced the appointment of Robin Matlock, former CMO of VMware, as an independent director on its Board of Directors, effective immediately. Ms. Matlock will also join the Governance and Corporate Responsibility Committee, expanding the Board to 11 members. Her extensive experience in marketing strategy and technology is expected to enhance MSCI's commitment to client-centricity. The company aims to leverage her insights to guide its growth in providing critical decision support tools and services for the global investment community.
Iron Mountain (NYSE: IRM) reports record financial results for Q1 2022, with total revenue reaching $1.25 billion, a 15% increase year-over-year. Net income stands at $42 million, down 11% from last year. Adjusted EBITDA rose to $431 million, reflecting a 13% growth. The company has seen a strong demand in its Data Center segment, signing 35 megawatts of new leases, leading to an increased full-year projection of 130 megawatts. Iron Mountain affirms its 2022 guidance for total revenue between $5.125 billion and $5.275 billion.
Iron Mountain (NYSE: IRM) has achieved BREEAM design certification for its Phoenix data center, marking it as the first in North America to receive this certification for sustainable construction. The facility, known as AZP-2, emphasizes efficiency and resilience through innovative design practices. Iron Mountain is committed to 100% renewable energy use by 2040 and plans to have all new multi-tenant data centers certified by 2025. This initiative reflects the company's leadership in ESG goals within the data center sector.
Iron Mountain (NYSE: IRM) will report its Q1 2022 financial results on April 28, 2022, before market hours. A conference call to discuss these results will also take place on the same day at 8:30 A.M. ET. Investors can pre-register for the call or access the earnings release and related materials on the company's investor relations website. Following the call, a telephonic replay will be available for one week. Iron Mountain, a leader in storage and information management services, supports over 225,000 customers worldwide.
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