Welcome to our dedicated page for Iron Mountain news (Ticker: IRM), a resource for investors and traders seeking the latest updates and insights on Iron Mountain stock.
Iron Mountain Incorporated reports developments as an information management services company organized and operated as a real estate investment trust. Its updates center on records and information management, secure shredding, digital transformation, information security, data centers and asset lifecycle management. Recurring earnings releases discuss storage rental and service revenue, organic growth, foreign exchange effects, Adjusted EBITDA, AFFO and guidance across Global RIM, Data Center, digital and ALM activities.
Company news also covers common-stock distribution tax treatment, investor conference participation and technology-related customer solutions. Recent business updates include media and entertainment archive services that combine preservation expertise, AI content discovery and Google Cloud infrastructure for digitized legacy assets and secure digital vaults.
Iron Mountain (NYSE:IRM) reported strong Q2 2025 financial results with record quarterly revenue of $1.7 billion, up 11.6% year-over-year. The company achieved significant milestones including record Adjusted EBITDA of $628 million and AFFO of $370 million ($1.24 per share).
Key performance highlights include 30% growth in data center, digital, and asset lifecycle management businesses. Storage rental revenue increased 10% to $1.01 billion, while service revenue grew 14% to $702 million. However, the company reported a net loss of $43 million due to exchange rate impacts on intercompany balances.
Based on strong performance, Iron Mountain increased its 2025 guidance, now projecting total revenue of $6.79-$6.94 billion and AFFO per share of $5.04-$5.13. The company also declared a quarterly dividend of $0.785 per share, payable on October 3, 2025.
Iron Mountain (NYSE:IRM), a global leader in information management services, has scheduled its second quarter 2025 financial results announcement for Wednesday, August 6, 2025, before market hours.
The company will host a conference call at 8:30 A.M. Eastern Time to discuss the results. Investors can access the earnings release, conference call slides, and supplemental financial information through the company's investor relations website. A telephonic replay will be available for one week following the call.
Iron Mountain (NYSE: IRM) has announced it will release its first quarter 2025 financial results before market hours on Thursday, May 1, 2025. The company will host a conference call to discuss the results at 8:30 A.M. Eastern Time on the same day.
The earnings release, conference call slides, and supplemental financial information will be available on the company's investor relations website. Investors can access the webcast through pre-registration, which provides immediate access and a unique PIN. A telephonic replay will be available for one week following the call.
Iron Mountain (NYSE: IRM) has appointed Gary Aitkenhead as Executive Vice President and General Manager, Data Centers. In his new role, Aitkenhead will lead commercial and operational activities for the Data Centers business globally, reporting to Mark Kidd, EVP and GM of Asset Lifecycle Management & Data Centers.
Aitkenhead joins Iron Mountain's Executive Team, bringing extensive experience from leadership positions at Equinix, the UK Ministry of Defence's Science & Technology Laboratory, and Motorola Solutions. He is a Chartered Engineer and Fellow of both the Royal Academy of Engineering and Institute of Engineering and Technology.
The appointment comes at what the company describes as a pivotal time in the data center industry, with rising demand for capacity. Iron Mountain's CEO William L. Meaney emphasized Aitkenhead's global commercial and operational experience as instrumental for providing secure and innovative solutions for customers.
Iron Mountain (NYSE: IRM), a global information management services leader, has announced its participation in the Morgan Stanley Technology, Media & Telecom Conference in San Francisco. The company's Executive Vice President and CFO, Barry A. Hytinen, will engage in a fireside chat on Monday, March 3, 2025, at 2:35 pm PT (5:35 pm ET).
The presentation will be accessible via webcast through Iron Mountain's Investor Relations website section. The company currently serves over 240,000 customers across 61 countries, including approximately 95% of Fortune 1000 companies. Their comprehensive solution portfolio encompasses information management, digital transformation, information security, data center, and asset lifecycle management services, with a focus on safety, security, sustainability, and innovation.
Iron Mountain (NYSE: IRM) reported strong Q4 and full year 2024 results with record-breaking performance. Q4 revenue reached $1.6 billion, up 11.4% year-over-year, while full-year revenue hit $6.1 billion, increasing 12.2%. The company achieved Q4 net income of $106 million and full-year net income of $184 million.
Record quarterly and full-year Adjusted EBITDA were $605 million and $2.2 billion respectively. Storage rental revenue grew 8.8% and service revenue increased 17.2% in Q4, excluding foreign exchange impacts.
Looking ahead to 2025, Iron Mountain provided guidance projecting revenue growth of 8-11% and Adjusted EBITDA growth of 11-13%. The company also announced a 10% increase in quarterly dividend to $0.785 per share, payable on April 4, 2025.
Iron Mountain (NYSE: IRM) has announced a 10% increase in its quarterly cash dividend to $0.785 per share of common stock. The dividend will be payable on April 4, 2025, to shareholders of record as of March 17, 2025.
CEO William L. Meaney attributed this increase to the company's strong performance in 2024 and positive growth outlook. This marks the third consecutive year of dividend increases, aligning with their long-term plan to increase dividends alongside growth in AFFO per share.
Iron Mountain serves over 240,000 customers across 61 countries, including approximately 95% of Fortune 1000 companies, providing services in information management, digital transformation, information security, data center, and asset lifecycle management.
Ooredoo Group and Iron Mountain have announced a strategic partnership where Iron Mountain will acquire a minority equity stake in Ooredoo's carrier-neutral data centre company, MENA Digital Hub. The collaboration aims to expand MENA's hyperscale and AI data centre infrastructure, combining Ooredoo's local expertise with Iron Mountain's global operational experience.
Iron Mountain will provide specialized advice in design, construction, and operations of data centres. The partnership focuses on operational support, infrastructure enhancement, and supporting MENA Digital Hub's expansion plans across key MENA markets. MENA Digital Hub plans to expand its capacity to over 120 megawatts through a USD 1 billion investment in the medium term.
Iron Mountain currently operates approximately 415 megawatts of colocation, hyperscale, and AI-related capacity across 21 markets, with potential capacity of nearly 1.3 gigawatts. Ooredoo recently raised QAR 2 billion in bank financing to accelerate its data centre and AI business growth.