Shares of Iron Mountain (NYSE:IRM) remained unaffected after the company reported Q2 results.
Quarterly Results
Earnings per share were down 56.32% year over year to $0.38, which beat the estimate of $0.35.
Revenue of $1,120,000,000 higher by 14.03% from the same period last year, which beat the estimate of $1,090,000,000.
Guidance
The upcoming fiscal year's revenue expected to be between $4,415,000,000 and $4,515,000,000.
Details Of The Call
Date: Aug 05, 2021
Time: 08:30 AM
Technicals
52-week high: $47.34
Company's 52-week low was at $24.85
Price action over last quarter: Up 4.92%
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.
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