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Iron Mountain Inc  (IRM)
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EARNINGS REPORT by CSIMarket

Despite Very Strong Sales EPS Fell


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Iron Mountain Inc announced first quarter 2017 operating income of $147.755 millions, company expects fiscal year eps at $ 1.23 per share and Sales at $3,090 millions



Iron Mountain Inc announced earnings per share of $0.22 and Sales of $-2,577 millions in the first quarter 2017, Company's income dropped by -26.67 % per share, versus $0.30 eps, earned in the same quarter a year ago, although Iron Mountain Inc saw it's Sales rise by 25.07 % in the same period.

Sequentially EPS turn positive from $-0.27 per share and Revenue turn positive from $-2,577 millions.
Only one section improved , while following segments recorded decrease in revenues North American Records and Information 0%, International Physical 0%, North American Data 0%.
Profits improved in following segments: North American Records and Information 0.96%, International Physical 0%, North American Data 0.74%. Net income of $59 millions in the first quarter 2017 fell by -7.19 % from $63 millions in the corresponding period a year before. Iron Mountain Inc shifted it's focus on improving sales in the first quarter 2017, as a result net margin eased to 6.23%. Iron Mountain Inc provided annual earnings per share guidance between $1.15 and $ 1.30, while on the sales side company expects to achieve revenues between $3,030 millions and $3,150 millions.
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