IRM · Iron Mountain
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Growth came from several parts of Iron Mountain's business, not just data centers. Its traditional storage business also grew, and the larger backlog points to more work ahead.
Iron Mountain shared its Q3 results, with revenue and profit both up 13%, and raised its yearly forecast.
Good for IRM
Iron Mountain's sales and adjusted EBITDA each rose 13%, and its data center sales rose 34%. It also raised its full-year forecast and quarterly dividend, pointing to stronger business prospects.
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