Iron Mountain Reports Fourth-Quarter and Full-Year 2018 Results
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Iron Mountain (IRM) Reports In-Line Q4 EPS, Revenues In-Line; Offers FY19 EPS/Revenue Mid-Point Guidance Below Consensus
February 14, 2019 6:17 AM ESTIron Mountain (NYSE: IRM) reported Q4 EPS of $0.25, in-line with the analyst estimate of $0.25. Revenue for the quarter came in at $1.06 billion versus the consensus estimate of $1.06 billion.
Total reported Revenues for the fourth quarter were $1,061 million, compared with $991 million in the fourth quarter of 2017. Excluding the impact of foreign exchange (FX), Total reported Revenues grew 9.9% compared to the prior year, reflecting the contribution from recent data center acquisitions not included in the full 2017 period. For full year 2018, Total reported Revenues were $4.23 billion, compared with $3.85 billion in 2017, an increase of 10.2% excluding... More