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Iron Mountain Incorporated - $IRM STOCK NEWS

Welcome to our dedicated page for Iron Mountain Incorporated news (Ticker: $IRM), a resource for investors and traders seeking the latest updates and insights on Iron Mountain Incorporated stock.

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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.

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Rhea-AI Summary

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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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.
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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.
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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%.
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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.
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Iron Mountain Incorporated (NYSE: IRM) announced the tax treatment for all 2023 distributions on its common stock. The company distributed a total of $2.385146 per share, with $2.360977 being ordinary taxable dividend and $0.024169 as total capital gain distribution. The distributions were paid on January 5, April 5, July 6, and October 5, 2023. Shareholders are advised to refer to the press release for proper completion of their federal tax returns.
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Iron Mountain (IRM) completes acquisition of Regency Technologies, a leading provider of IT asset disposition services, establishing a market leader in IT asset lifecycle management. The acquisition will result in enhanced environmental sustainability and increased value recovery at the end of the IT asset lifecycle. The initial purchase price is $200 million, with $125 million paid at close and the remainder due in 2025, representing an approximate 7.5x multiple of EBITDA.
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Iron Mountain Incorporated (NYSE: IRM) will participate in a fireside chat at J.P. Morgan Ultimate Services Investor Conference on November 16, 2023. The presenter will be Barry A. Hytinen, Executive Vice President and Chief Financial Officer. The webcast of the presentation will be accessible on the Investor Relations section of www.ironmountain.com.
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Iron Mountain (NYSE: IRM) is acquiring Regency Technologies, a leading provider of IT asset disposition services in the United States. The acquisition will expand Iron Mountain's global asset lifecycle management platform and enhance its IT Asset Remarketing and Recycling capabilities. Regency Technologies currently processes over 50,000 metric tons of material annually and resells more than 2,000,000 units across eight locations in the US. The transaction is valued at $200 million, with an initial payment of $125 million at close and the remainder due in 2025.
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Iron Mountain Incorporated

NYSE:IRM

IRM Rankings

IRM Stock Data

23.65B
289.17M
0.88%
81.39%
3.35%
Lessors of Miniwarehouses and Self-Storage Units
Real Estate and Rental and Leasing
Link
United States of America
PORTSMOUTH

About IRM

iron mountain incorporated (nyse: irm) is the global leader for storage and information management services. trusted by more than 220,000 organizations around the world, iron mountain boasts a real estate network of more than 80 million square feet across more than 1,350 facilities in 45 countries dedicated to protecting and preserving what matters most for its customers. iron mountain’s solutions portfolio includes records management, data management, document management, data centers, art storage and logistics, and secure shredding help organizations to lower storage costs, comply with regulations, recover from disaster, and better use their information. founded in 1951, iron mountain stores and protects billions of information assets, including critical business documents, electronic information, medical data and cultural and historical artifacts. visit www.ironmountain.com for more information.