Iron Mountain Projects 2026 Revenue Between $7.95B-$8.02B and Increases Quarterly Dividend
Iron Mountain (IRM) reported strong third-quarter performance, highlighted by a 13% increase in both reported and organic revenue. The company's financial strength was further evidenced by a 13% growth in adjusted EBITDA and a significant 17% rise in Adjusted Funds From Operations (AFFO), according to CEO William Meaney. A primary driver of this growth is the company's data center segment, which saw a substantial 34% revenue increase. Following these results, Iron Mountain has provided a long-term revenue outlook for 2026 in the range of $7.95 billion to $8.02 billion and announced a 15% increase in its quarterly dividend.
Tickers: $IRM
Topics: AFFO Data Center Business EBITDA Leasing Revenue Growth
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