PORTSMOUTH, N.H.--(BUSINESS WIRE)--The Board of Directors (the "Board†) of Iron Mountain Incorporated (NYSE: IRM), a global leader in information management services, declared a quarterly cash dividend of $0.864 per share of common stock representing an increase of 10% which is payable on January 6, 2026 to shareholders of record at the close of business on December 15, 2025. "Based on our continued strong outlook for revenue and profitability growth and our excellent results year-to-date, we a. ...

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), a global leader in information management services, announces financial results for the third quarter of 2025. "We are pleased to report another quarter of very strong performance in the third quarter, achieving all-time record Revenue, Adjusted EBITDA, and AFFO with strength across all of our key metrics. Our continued success is the result of our team's consistent execution of our growth strategy and unwavering focus o. ...

Company Overview - Iron Mountain Incorporated (IRM) is based in Portsmouth, New Hampshire, and specializes in records management, data management solutions, and information destruction services. The company has a market capitalization of $30.8 billion and serves various industries including banking, energy, entertainment, health care, insurance, law firms, life sciences, retail, and pharmaceuticals [1]. Earnings Expectations - Analysts anticipate that IRM will report a Funds From Operations (FFO) of $1.14 per share on a diluted basis for the fiscal third quarter of 2025, representing a significant increase of 171.4% from $0.42 per share in the same quarter last year [2]. - For the full fiscal year, the expected FFO is $4.51 per share, which is an increase of 154.8% from $1.77 per share in fiscal 2024. Furthermore, the FFO is projected to rise by 12.6% year over year to $5.08 per share in fiscal 2026 [3]. Stock Performance - Over the past 52 weeks, IRM stock has underperformed the S&P 500 Index, which gained 15.1%, with IRM shares declining by 15.4%. The stock also underperformed the Real Estate Select Sector SPDR Fund, which saw a 3.4% decrease during the same period [4]. Recent Financial Results - In its Q2 results, IRM reported an adjusted EPS of $1.24, surpassing Wall Street's expectations of $1.19. The company's revenue for the quarter was $1.71 billion, exceeding the forecast of $1.68 billion. For the full year, IRM expects adjusted EPS to be in the range of $5.04 to $5.13, with revenue projected between $6.8 billion and $6.9 billion [5]. Analyst Ratings - The consensus opinion among analysts on IRM stock is moderately bullish, with a "Moderate Buy" rating overall. Out of 11 analysts, eight recommend a "Strong Buy," one suggests a "Moderate Buy," and two advise a "Strong Sell." The average analyst price target for IRM is $115.50, indicating a potential upside of 10.6% from current levels [6].

Core Points - The company, Information Services Corporation (ISC), is conducting a Strategic Review to identify opportunities for maximizing shareholder value, led by a Special Committee of independent directors [1][3][5] - The Strategic Review is a continuation of ISC's long-term value maximization strategy, following recent milestones such as the extension of its Master Service Agreement in 2023 and a growth strategy announced in 2024 [2][4] - Potential outcomes of the Strategic Review include asset divestments, acquisitions, transformative business combinations, or a sale of the company, with the support of the Government of Saskatchewan as the largest shareholder [4][9] Company Strategy - The Special Committee is tasked with analyzing the company's business strategy and exploring optimization opportunities while considering value-maximizing alternatives [3][5] - The company emphasizes its commitment to a transparent process during the Strategic Review and will communicate material developments to shareholders as appropriate [5][6] Financial Advisory - ISC has engaged RBC Capital Markets as its financial advisor and Stikeman Elliott as its legal advisor for the Strategic Review [7]