Iron Mountain

Iron Mountain will implement the InSight DXP platform at the Social Development Bank in Saudi Arabia to automate document classification, information extraction and rule-based validation in SME credit processes. The system automatically identifies missing or inconsistent documents but retains manual checks for exception cases. The initial implementation will focus on selected SME financing processes with go-live in the third quarter of 2026, aiming to reduce manual processing and improve data quality. » Plus sur de.investing.com

Iron Mountain reported fiscal Q1 2026 revenue of $1.94 billion, up 21.6% year‑over‑year, and GAAP EPS of $0.48. Data center revenue rose 47% to $255 million, driven by higher leasing, pricing and power ramping. The company leased 22 megawatts in Q1 and another 10 megawatts in April, and management expects to exceed its >100 megawatt guidance; Truist raised the price target to $140 and maintained a Buy rating. » Plus sur finance.yahoo.com

Iron Mountain reported record results for Q1 2026 with revenue of $1.94 billion and adjusted earnings per share of $0.60, both well above analysts' expectations. All key metrics grew 22% year over year; organic revenue growth was 17%. Strong gains came particularly from the data center segment (+47%) and lifecycle management (+70%), so higher-growth businesses now account for 33% of total revenue. The company raised its full-year guidance for revenue, adjusted EBITDA and AFFO and plans substantial capacity expansions in the data center business. » Plus sur de.investing.com