UPDATE 1-Iron Mountain Q2 profit in line, raises '08 rev view

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July 31 (Reuters) - Records-management company Iron Mountain Inc (IRM.N) reported quarterly earnings in line with market expectations, helped by expansion of its international business and strong performance in its developing digital business, and raised its 2008 revenue forecast.

The company, however, posted a slight fall in second-quarter profit to $35.9 million, or 18 cents a share, compared with $39.1 million, or 19 cents a share, a year earlier.

Revenue rose about 15 percent to $768.9 million, supported by acquisitions including that of a records management business in North America.

Analysts had expected earnings of 18 cents a share, before special items, on revenue of $760 million.

For the full year, Iron Mountain now expects revenue of $3.05 billion to $3.09 billion. It had previously forecast revenue of $3.02 billion to $3.08 billion. Analysts were expecting full-year revenue of $3.06 billion.

Shares of the Boston-based company closed at $27.85 Wednesday on the New York Stock Exchange. (Reporting by Deepti Govind in Bangalore; Editing by Jarshad Kakkrakandy)