Iron Mountain reports Q2 AFFO $1.24, consensus $1.19

2Reports Q2 revenue $1.71B, consensus $1.68B. “We are pleased to report outstanding performance in the Q2, resulting in record financial performance across all key metrics and above our expectations. Our team’s successful execution of our strategy and commitment to delivering value for our customers, whilst leveraging our synergistic business model continues to drive industry leading growth and record results across each of our business segments,” said William L. Meaney, President and CEO of Iron Mountain (IRM). “The collective strength in our growth businesses and the sustained growth in our physical records storage business creates strong momentum which is expected to continue to deliver meaningful overall revenue and profit growth at these levels for the foreseeable future. Based on our strong Q2 outperformance and positive outlook, we are increasing our full year guidance.”