secwatch.observer — SEC 8-K summary
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Issuer:     IRON MOUNTAIN INC (IRM)
CIK:        0001020569
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001020569-24-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Iron Mountain Q4 record revenue $1.42B (+11% YoY); FY24 guidance 10-12% growth
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- Q4 revenue $1.42B (+11% YoY); FY23 revenue $5.48B (+7%); record quarterly and annual Adjusted EBITDA.
- Q4 net income $29M vs $126M YoY, reflecting higher restructuring costs and FX impacts.
- Adjusted EBITDA $525M (+11% YoY); AFFO (updated) $328M (+10%) with AFFO/share $1.11.
- FY24 guidance: revenue $6.0-6.15B (+11% at midpoint), AFFO $1.30-1.335B, AFFO/share $4.39-4.51.
- Data center leased 124 MW in 2023; acquisition of Regency Technologies closed in early January 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1020569/000102056924000038/0001020569-24-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1020569/000102056924000038/irm-20240222.htm
  HTML page:      https://secwatch.observer/filing/0001020569-24-000038

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer