Iron Mountain reports Q1 AFFO $1.17, consensus $1.16

Reports Q1 revenue $1.6B, consensus $1.59B. “We are pleased with our strong start to 2025, delivering another record performance in Revenue, Adjusted EBITDA, and AFFO in Q1 and above our expectations. Our team’s focus on providing solutions that meet our customers’ needs as part of our Matterhorn growth strategy continues to drive broad based strength across each of our business segments,” said CEO William Meaney. “Our data center, digital, and ALM businesses are driving strong double digit organic revenue gains and continue to have a long runway for growth. We are increasing our full year guidance based on our strong Q1 performance and positive outlook, and recent changes in currency exchange rates.”