BUZZ-Iron Mountain falls as fourth quarter revenue miss estimates

Reuters

2025/02/13

** Shares of real estate investment trust Iron Mountain IRM.N fall 2% to $100.80 in early trading

** IRM posts fourth quarter revenue of $1.58 billion, compared with estimates of $1.60 billion - LSEG

** Co expects full-year 2025 revenue to be between $6.65 bln and $6.80 bln, midpoint of which is slightly below analysts' average estimate of $6.77 bln

** Co's fourth-quarter adjusted funds from operations (FFO) rise 12% to $1.24 per share, compared with $1.11 a year ago

** In 2024, the shares of the company rose 50.2%

(Reporting by Kritika Lamba in Bengaluru)

((Kritika.Lamba@thomsonreuters.com))

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