Iron Mountain Eyes Digital Expansion
Iron Mountain reported record revenue, though it fell short of expectations, highlighting both growth and challenges in its strategic transition.Iron Mountain (IRM -3.28%), a leader in records management and data protection, revealed its fourth quarter results for 2024 on February 13.The earnings release highlighted a record revenue of $1.58 billion, an 11.3% increase from the previous year. Despite this growth, it missed Wall Street's fourth-quarter revenue estimates of $1.6 billion. The company's Adjusted ...