2023-11-02 06:47:41 ET
- Iron Mountain press release ( NYSE: IRM ): Q3 AFFO of $0.99 beats by $0.21 .
- FFO (Normalized) per share was $0.76 for the third quarter, compared with $0.76 in the third quarter of 2022.
- Revenue of $1.39B (+7.8% Y/Y) misses by $20M .
- Adjusted EBITDA for the third quarter was $500.0 million, compared with $469.4 million in the third quarter of 2022, an increase of 6.5%. On a constant currency basis, Adjusted EBITDA increased by 5.6% in the third quarter.
- Iron Mountain affirmed full year 2023 guidance; details are summarized in the table below: Total Revenue of
$5,500M - $5,600M vs. the consensus of $5.54B; AFFO Per Share of $3.91 - $4.00 vs. the consensus of $2.98.
For further details see:
Iron Mountain reports mixed Q3 earnings; reaffirms FY23 outlook