08:08 AM EDT, 05/01/2025 (MT Newswires) -- Iron Mountain (IRM) reported Q1 adjusted funds from operations Thursday of $1.17 per diluted share, up from $1.10 a year earlier.

Four analysts polled by FactSet expected $1.16.

Revenue for the quarter ended March 31 was $1.59 billion, up from $1.48 billion a year earlier.

Analysts surveyed by FactSet expected $1.59 billion.

The company increased its full-year 2025 adjusted funds from operations guidance to a range of $4.95 to $5.05 per share from its previous guidance of $4.85 to $4.95. Analysts polled by FactSet expect $4.92.

Iron Mountain also increased its full-year 2025 revenue guidance to a range of $6.74 billion to $6.89 billion from its previous guidance of $6.65 billion to $6.80 billion. Analysts surveyed by FactSet expect $6.71 billion.