Iron Mountain Reports Second Quarter 2018 Results

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Go back to Iron Mountain Reports Second Quarter 2018 Results

Iron Mountain (IRM) Tops Q2 EPS by 5c, Beats on Revenues; Affirms FY18 Guidance

July 27, 2018 6:08 AM EDT

Iron Mountain (NYSE: IRM) reported Q2 EPS of $0.30, $0.05 better than the analyst estimate of $0.25. Revenue for the quarter came in at $1.06 billion versus the consensus estimate of $1.04 billion.

Financial Performance Highlights for the Second Quarter and Year-to-date 2018

Total reported Revenues for the second quarter were $1,061 million in 2018, compared with $950 million in 2017. On a constant dollar (C$) basis, Total Revenues grew 10.8% compared to the prior year, reflecting a full quarter of results from recent data center acquisitions not included in the 2017 period. Year to date, Total reported Revenues were $2.10 billion, compared with... More