Iron Mountain Q4 Net Income Decreases; Revenue Down 3.3% - Quick Facts

(RTTNews) - Iron Mountain Incorporated (IRM) reported that its fourth-quarter net income to company decreased to $5.7 million from $12.7 million, last year. EPS was $0.03 compared to $0.06, prior year.

Adjusted EPS for the fourth quarter was $0.33, compared to $0.25. FFO (Normalized) per share was $0.57 for the fourth quarter compared to $0.53, prior year. On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.56 for the quarter. Analysts' estimates typically exclude special items.

As a result of the continued strengthening of the U.S. dollar, total reported revenues for the fourth quarter were $752 million, compared to $778 million, prior year. Analysts expected revenue of $767.86 million, for the quarter.