Iron Mountain Reports Strong Q3 2024 Financial Results

Summary

Iron Mountain Incorporated reported robust financial results for the third quarter of 2024, with total revenues of $1.557 billion, up 12.2% year-over-year. Despite a net loss of $33.7 million, the company saw significant growth in storage rental and service revenues, achieving record levels in Adjusted EBITDA, AFFO, and total revenues. The company also affirmed its full-year 2024 guidance and declared a quarterly cash dividend of $0.715 per share. The detailed financial results and reconciliations of non-GAAP measures are furnished as Exhibits 99.1, 99.2, and 99.3.