Key Developments: Iron Mountain Inc (IRM.N)

IRM.N on New York Stock Exchange

27.91USD
1 Aug 2013
Price Change (% chg)

$0.11 (+0.40%)
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Latest Key Developments (Source: Significant Developments)

Iron Mountain Inc Lowers FY 2013 Guidance
Thursday, 1 Aug 2013 06:00am EDT 

Iron Mountain Inc updated its fiscal 2013 guidance primarily to reflect the impact from foreign currency exchange rate (FX) changes from the beginning of the year. These FX changes are estimated to reduce full-year revenues by approximately $40 million, or 1.3%. The Company also updated full-year interest expense and depreciation and amortization estimates, reflecting impacts from recently completed acquisitions. This guidance is based on current expectations and does not include the potential impact of any future acquisitions or divestitures (dollars in millions, except per share data). The Company now expects fiscal 2013 revenues to be in the range of $3.000 - $3.050 billon, adjusted OIBDA in the range of $900 - $925 million and adjusted earnings per share (EPS) in the range of $1.05 - $1.14. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of revenues of $3.048 billion and EPS of $1.17 for fiscal 2013. .  Full Article

Iron Mountain Inc Acquires Archivum
Monday, 24 Jun 2013 08:32am EDT 

Iron Mountain Inc announced that it has acquired Brazilian document storage firm Archivum. Terms of the deal were undisclosed.  Full Article

Iron Mountain Inc Declares Quarterly Dividend
Thursday, 6 Jun 2013 11:07am EDT 

Iron Mountain Inc announced that it has declared a cash dividend of $0.27 per share on the common stock of the company, payable on July 15, 2013 to shareholders of record at the close of business on June 25, 2013.  Full Article

Iron Mountain Inc Reaffirms FY 2013 Guidance
Wednesday, 1 May 2013 06:00am EDT 

Iron Mountain Inc reaffirmed fiscal 2013 guidance and expects revenues to be in the range of $3.020-$3.100 billion, adjusted OIBDA in the range of $905-$935 million and adjusted earnings per share (EPS) in the range of $1.13-$1.24. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $3.06 billion, EBITDA of $926 million and EPS of $1.19 for fiscal 2013.  Full Article

Iron Mountain Inc Appoints Al Verrecchia as Chairman
Monday, 25 Mar 2013 08:32am EDT 

Iron Mountain Inc announced that Alfred J. Verrecchia became Chairman of its Board effective March 15, 2013. Verrecchia has been Chairman-elect since late 2012, when the Company announced the retirement of longtime CEO and Chairman Richard Reese and welcomed new CEO William Meaney. With the appointment of Verrecchia, the board separates the Chairman and CEO roles between two individuals, creating a new leadership structure for the Company.  Full Article

Iron Mountain Inc Declares Quarterly Dividend
Thursday, 14 Mar 2013 09:22am EDT 

Iron Mountain Inc announced that it has declared a cash dividend of $0.27 per share on the common stock of the company, payable on April 15, 2013 to shareholders of record at the close of business on March 25, 2013.  Full Article

Iron Mountain Inc Reaffirms FY 2013 Revenue And OIBDA Guidance; Lowers FY 2013 EPS Guidance
Thursday, 28 Feb 2013 06:00am EST 

Iron Mountain Inc announced that for fiscal 2013, it expects revenues to be in the range of $3.020-$3.100 billion, adjusted OIBDA in the range of $905-$935 million and adjusted earnings per share (EPS) in the range of $1.13-$1.24. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $3.06 billion, EBITDA of $918 million and EPS of $1.23 for fiscal 2013.  Full Article

Iron Mountain Inc Declares Quarterly Dividend
Friday, 14 Dec 2012 08:30am EST 

Iron Mountain Inc announced that the Board of Directors declared a quarterly cash dividend of $0.27 per share on the common stock of the Company, payable on January 17, 2013 to shareholders  Full Article

Iron Mountain Inc Acquires Data Storage Companies In Chicago, Phoenix and Sarasota, Fla
Monday, 10 Dec 2012 08:32am EST 

Iron Mountain Inc announced that it has expanded its customer base and service area by acquiring assets from data protection firms IG2 Data Security, Inc. in Chicago; DATAPROS Storage and Staffing LLC in Phoenix; and Data Backup, Inc. in Sarasota, Fla. Terms of the deals were not disclosed.  Full Article

Iron Mountain Inc Appoints William Meaney As President and Chief Executive Officer
Monday, 3 Dec 2012 08:32am EST 

Iron Mountain Inc announced that its Board of Directors has voted unanimously to appoint William Meaney President and Chief Executive Officer(CEO) and a member of the Board, effective January 7, 2013. He will succeed longtime Executive Chairman and CEO Richard Reese, who announced his intention to retire after 31 years at the Company. Iron Mountain`s Board also announced that Al Verrecchia, lead independent director, will succeed Reese as Chairman of the Board effective in March 2013, when Reese will also retire from the Board.  Full Article

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