Iron Mountain Reports First Quarter 2020 Results

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Iron Mountain (IRM) Tops Q1 EPS by 9c

May 7, 2020 6:14 AM EDT

Iron Mountain (NYSE: IRM) reported Q1 EPS of $0.27, $0.09 better than the analyst estimate of $0.18. Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1.08 billion.

Financial Performance Highlights for the First Quarter of 2020

Total reported Revenues for the first quarter were $1.07 billion, compared with $1.05 billion in the first quarter of 2019. Excluding the impact of foreign exchange, total reported Revenues grew 3.2% compared to the prior year, reflecting solid growth trends in the Global Data Center and Global Records and Information Management segments, as well as benefits from revenue... More