earnings
confidence high
sentiment positive
materiality 0.75
Iron Mountain Q2 record revenue $1.36B, net income $1M, raises dividend 5%
IRON MOUNTAIN INC
2023-Q2 EPS reported
$0.22
revenue$2,672,285,000
- Revenue $1.358B +5.3% YoY, record quarterly; storage rental up 10% to $831M.
- Net income $1.1M vs $201.9M prior year; adjusted EPS $0.40 vs $0.46.
- Adjusted EBITDA $475.7M +4.6% YoY, margin 35.0%.
- Dividend raised 5% to $0.65/share quarterly, payable Oct 5, record Sep 15.
- FY2023 guidance affirmed: revenue $5.5-5.6B, Adj EBITDA $1.94-1.975B.