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IRM-News
IRM-Events
Iron Mountain Relaunches Managed Personal Storage Service
Clutter by Iron Mountain announced the relaunch of its managed personal storage service, introducing a premium alternative to traditional self-storage. Designed for consumers seeking a more secure and convenient way to store their belongings, the service combines enterprise-level logistics, secure facility storage, and AI enhanced digital access all backed by Iron Mountain's 75-year track record of protecting the world's most valuable assets.
Iron Mountain Reports Q2 Revenue of $2.03B
Reports Q2 revenue $2.03B, consensus $1.97B. "We delivered another record-breaking quarter, with our second quarter results exceeding our expectations due to our team's strong execution of our growth plans and the continued trust of our clients. Our ongoing success continues to be driven by the collective strength in our physical records storage and growth businesses, together with the stewardship we provide to our more than 240,000 customers," stated William L. Meaney, President and CEO of Iron Mountain. "Looking ahead, we are committed to capitalizing on the significant growth opportunities across our business. We are building momentum in our ALM and digital businesses through increased cross-selling and providing innovative solutions, and we are accelerating data center leasing, with 110 megawatts leased through July. Based on our strong Q2 outperformance and positive outlook, we are increasing our full year guidance."
Raises FY26 Revenue to $7.940B-$8.010B
Raises FY26 revenue to $7.940B-$8.010B from $7.825B-$7.925B. Consensus is for FY26 AFFO $5.85 and for revenue $7.92B.
Iron Mountain Proposes $1 Billion Senior Notes Offering
Iron Mountain announced a proposed offering of $1B aggregate principal amount of its Senior Notes due 2035. The Notes will initially be fully and unconditionally guaranteed by the Company's subsidiaries that are obligors under each series of its existing notes. The Company intends to use the net proceeds from the offering of the Notes to repay a portion of the amounts outstanding under the Company's revolving credit facility and to pay related fees and expenses, and for general corporate purposes. The exact terms of the Notes and timing of the offering will depend upon market conditions and other factors.
N-able Appoints New Chief Innovation Officer and Chief AI Officer
N-able (NABL) announced strategic leadership appointments of Robert Johnston as Chief Innovation Officer and Nicole Reineke as Chief AI Officer. These leadership updates are designed to accelerate business resilience and innovation across its security services, product ecosystem, and applied AI capabilities. Johnston brings decades of experience in cybersecurity, threat intelligence, and national security. Prior to founding Adlumin, he served as a principal consultant at CrowdStrike (CRWD). Reineke brings deep technical and industry leadership in artificial intelligence and machine learning, with a strong track record in AI ethics, intellectual property, and sustainable design. She previously served as a Senior Distinguished Engineer in Dell Technologies' Office of the CTO and as Senior Vice President of Innovation at Iron Mountain (IRM).
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