I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles. Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within th ...

Iron Mountain (IRM) is well-positioned to benefit from a stable and resilient core storage and records management business. The company's accretive buyouts and expansion efforts toward fast-growing businesses like the data center bode well for growth. However, competition from industry peers is likely to lead to aggressive pricing pressure and lower margins. High interest rates add to its woes. Last August, Iron Mountain announced the availability of a secure software-as-a-service platform - Iron Mountain I ...

Iron Mountain Incorporated (NYSE:IRM) Goldman Sachs Communacopia + Technology Conference September 10, 2024 11:50 AM ET Company Participants Barry Hytinen - CFO Conference Call Participants George Tong - Goldman Sachs Santiago Suinaga - Infrastructure Masons George Tong Let's go ahead and get started. Good morning, everyone, and welcome. I'm George Tong, I'm the Business Services Analyst at Goldman. And I'm really pleased to be joined by Barry Hytinen, CFO of Iron Mountain. Barry, thank you for joining us. ...

Iron Mountain Incorporated (NYSE:IRM) Goldman Sachs Communacopia + Technology Conference September 10, 2024 11:50 AM ET Company Participants Barry Hytinen - CFO Conference Call Participants George Tong - Goldman Sachs Santiago Suinaga - Infrastructure Masons George Tong Let's go ahead and get started. Good morning, everyone, and welcome. I'm George Tong, I'm the Business Services Analyst at Goldman. And I'm really pleased to be joined by Barry Hytinen, CFO of Iron Mountain. Barry, thank you for joining us. ...

Erik Isakson Iron Mountain Incorporated (NYSE:IRM) is an interesting trust and has good growth prospects. However, this is more than reflected in its valuation, which is difficult to justify at 32x FFO. Company Overview Iron Mountain is a Real Estate Investment Trust ("REIT") specializing in data storage and information management, providing records management, data management solutions, and information destruction services. It was founded in 1951, and nowadays has more than 240,000 customers in 60 countrie ...

Iron Mountain (IRM) has partnered with MongoDB, Inc. (MDB) to take advantage of latter's scalability and reliability, for using MongoDB Atlas as the data platform for its new InSight Digital Experience Platform (DXP). Early in August, the company announced the availability of this secure software-as-a-service (SaaS) platform. InSight DXP, built on the MongoDB Atlas, allows customers to access, manage, govern, and monetize both physical and digital information. InSight DXP transforms the experience of inform ...

Iron Mountain Incorporated (IRM) is well-positioned to gain from its recurring revenue business model. Also, its accretive acquisitions and data center business expansion efforts bode well. Its healthy balance sheet position is likely to support its growth endeavors. However, competition from industry peers may lead to aggressive pricing pressure and lower margins. High interest rates add to its woes. Later in July 2024, Iron Mountain reported a second-quarter 2024 adjusted fund from operations (AFFO) per s ...

Shares of Iron Mountain Incorporated (IRM) have gained 53.4% year to date compared with the industry's growth of 1.2%. This Boston, MA-based real estate investment trust (REIT) continues to benefit from its stable and resilient core storage and records management businesses, enabling it to ride the growth curve. It is likely to continue benefiting from the healthy revenue management and volume trends in the quarters ahead. The company's accretive buyouts and data center business expansion efforts are likely ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission file number 1-13045 IRON MOUNTAIN INCORPORATED (Exact Name of Registrant as Specified in Its Charter) Delaware 23-2588479 (State ...

Iron Mountain Incorporated (IRM) reported second-quarter 2024 adjusted funds from operations (AFFO) per share of $1.08, beating the Zacks Consensus Estimate of $1.06. Reflecting positive sentiments, shares of Iron Mountain have gained nearly 5% in the initial hours of the trading session today. The results reflect solid performances in the storage and service segments and the data center business. However, higher interest expenses in the quarter acted as a dampener. The company reaffirmed its outlook for 20 ...