Iron Mountain Incorporated Reports Earnings Results for the First Quarter Ended March 31, 2021
May 06, 2021 at 04:10 am EDT
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Iron Mountain Incorporated announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was USD 1,082.040 million compared to USD 1,068.731 million a year ago. Operating income was USD 170.406 million compared to USD 137.502 million a year ago. Net income was USD 45.603 million compared to USD 63.975 million a year ago. Basic earnings per share from continuing operations was USD 0.16 compared to USD 0.22 a year ago.
Iron Mountain Inc is engaged in a physical ecosystem supporting information storage and retrieval for businesses which rely on paper documents or computer tapes to store their valuable information. The Companyâs segments include Global Records and Information Management (Global RIM) Business and Global Data Center Business. The Global RIM Business segment includes various offerings, including records management, data management, global digital solutions, secure shredding, secure shredding, and consumer storage. The Global Data Center Business segment provides data center facilities and the capacity to protect mission-critical assets and ensure the continued operation of its customersâ information technology (IT) infrastructure with data center options. The Company also offers IT asset disposition customer solutions. It serves industries, such as commercial, legal, financial, healthcare, insurance, life sciences, energy, business services, entertainment and government organizations.