StocksMediumUpdated•Originally published 5 November 2026•Updated 5 November 2026•
1 min read
Iron Mountain Forecasts 16% Revenue Growth Driven by Data Center Leasing
Key Facts
1Iron Mountain expects full-year revenue growth of approximately 16%.
2Data center leasing reached 102 MW in the third quarter.
Iron Mountain expects full-year revenue growth of approximately 16%. Seeking Alpha reported that data center leasing reached 102 MW during the third quarter, highlighting significant operational expansion in the segment.
IRM closed at $118.66 on November 4, 2026, with the stock trading between a low of $114.2 and a high of $119.18 during that session. This price action follows the company's optimistic outlook regarding its data center business performance.
Latest Updates · 1
- Notable·
Update: Iron Mountain reported third-quarter earnings that exceeded estimates by $0.03 per share. The company's revenue for the period was in line with expectations as it issued its full-year growth forecasts.