Iron Mountain Reports Fourth Quarter – Full Year 2021 Results

Full Year Net Income increases 32%; Achieves record quarterly and annual Revenue, AFFO, and Adjusted EBITDA

Issues Full Year 2022 Guidance; Growth at the midpoint of 16% Revenue and 12% Adjusted EBITDA

BOSTON, MA (STL.News) Iron Mountain Incorporated (NYSE: IRM), a global leader in innovative storage, data center infrastructure, asset lifecycle management, and information management services, announces record financial and operating results for the fourth quarter and full-year 2021.  The conference call/webcast details, earnings call presentation, and supplemental financial information, which includes definitions of certain capitalized terms used in this release, are available on Iron Mountain’s Investor Relations website.  Reconciliations of non-GAAP measures to the appropriate GAAP measures are included herein.

“We are pleased to have delivered exceptional performance in the fourth quarter, marking a record year both in terms of revenue and profitability – in spite of COVID still impacting some of our traditional services.  This record result is reflective of our expanding and broad offerings, continued resiliency in our storage businesses, deep customer relationships, and strength of our team,” said William L. Meaney, President, and CEO of Iron Mountain.  “Despite the challenges associated with the pandemic, our Mountaineers around the world have continued to put our customers first.  This customer-first mindset has delivered accelerated growth for our company as a result of solving more and more of our customers’ critical issues linked to their digital transformation and asset protection initiatives.  As we look ahead, we have never been more confident in our ability to continue to create meaningful value for our customers and our shareholders.”

NOTE: This is NOT the complete release.  CLICK to visit the Iron Mountain website for complete details.

SOURCE: Iron Mountain