Iron Mountain Eyes Digital Expansion

Iron Mountain (NYSE:IRM), 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 Earnings Per Share (EPS) were $0.50, also falling short of expectations of $0.53, partly due to higher operational costs. Overall, the quarter reflected robust topline growth but revealed challenges in meeting market expectations amid strategic changes.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool