Iron Mountain Incorporated Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 04, 2021 at 06:11 am EDT
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Iron Mountain Incorporated reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 718.61 million compared to USD 696.29 million a year ago. Revenue was USD 1,130.15 million compared to USD 1,036.65 million a year ago. Net income was USD 67.68 million compared to USD 38.39 million a year ago. Basic earnings per share from continuing operations was USD 0.23 compared to USD 0.13 a year ago. Diluted earnings per share from continuing operations was USD 0.23 compared to USD 0.13 a year ago.
For the nine months, sales was USD 2,144.94 million compared to USD 2,056.8 million a year ago. Revenue was USD 3,331.94 million compared to USD 3,087.62 million a year ago. Net income was USD 388.57 million compared to USD 95.28 million a year ago. Basic earnings per share from continuing operations was USD 1.34 compared to USD 0.33 a year ago. Diluted earnings per share from continuing operations was USD 1.34 compared to USD 0.33 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.
IRON MOUNTAIN INCORPORATED 
