Shares of Iron Mountain (NYSE:IRM) rose 0.5% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share rose 18.52% over the past year to $0.32, which beat the estimate of $0.25.
Revenue of $1,082,000,000 higher by 1.22% from the same period last year, which beat the estimate of $1,070,000,000.
Outlook
The upcoming fiscal year’s revenue expected to be between $4,365,000,000 and $4,515,000,000.
Details Of The Call
Date: May 06, 2021
Time: 08:30 AM
Technicals
52-week high: $41.32
Company’s 52-week low was at $21.54
Price action over last quarter: Up 12.43%
Company Profile
Iron Mountain Inc is a record management services provider. The firm is organized as a REIT. Most of its revenue comes from its storage business, with the rest coming from value-added services. The firm primarily caters to enterprise clients in developed markets. Its business segments include Global RIM Business; Global Data Center Business; and Corporate and Other Business.
