Iron Mountain Inc. reported unaudited consolidated earnings results for the first ended March 31, 2013. For the quarter, the company reported total revenue of $747,031,000 against $746,498,000 a year ago, total revenue growth for the first quarter was 0.5%, reflecting solid storage rental gains of 4.4%, partially offset by a decline in total service revenues. Operating income was $122,842,000 against $141,813,000 a year ago. Income from continuing operations before provision for income tax was $56,921,000 against $86,333,000 a year ago. Income from continuing operations was $18,350,000 or $0.10 per basic and diluted share against income from continuing operations of $61,073,000 or $0.36 per diluted share a year ago. Net income attributable to the company was $19,386,000 or $0.10 per basic per share against net income attributable to the company of $55,350,000 or $0.32 per basic share a year ago. Adjusted operating income before depreciation and amortization was $227,476,000 against $222,551,000 a year ago. Adjusted EPS from continuing operations -- FD was $0.27 against $0.29 a year ago. Cash flows from operating activities from continuing operations were $106 million against $79 million for the same period in the last year. Capital Expenditures (excluding real estate), net were $75 million against $53 million for the same period in the last year. Free Cash Flow (FCF) for the first quarter of 2013, before acquisitions, real estate and capital expenditures related to proposed conversion to a real estate investment trust, or REIT, was $50 million, compared with $24 million for the same prior year period. Adjusted OIBDA for the first quarter was $227 million, up 2% from the same period in 2012, primarily driven by continued International profit gains, overhead cost controls in North America and lower corporate expenses. The company reiterated earnings guidance for the full year of 2013. Revenues were expected to be in the range of $3,020 million to $3,100 million. Adjusted OIBDA was expected to be $905 million to $935 million. Adjusted EPS would be in the range of $1.13 to $1.24. Capex was expected to be $215 million. FCF was expected to be $320 million against $360 million.

Iron Mountain Inc. unveiled Iron Mountain Data Centers(TM), a portfolio of services for organizations seeking a secure and compliant data center environment. The company will lease out space in its premier underground storage facility for wholesale and retail colocation data centers, something it's done selectively over the last decade for enterprise and government clients. Now the company formalizes the offering and introduces a suite of services for data migration, networking, tape handling, asset disposition and more so enterprises can outsource the complete management of their data center. Iron Mountain's suite of data center services includes: Migration Services: Iron Mountain helps customers move servers and racking from one data center to another, providing extensive site surveys business impact reports, migration plan documentation, risk assessment and comprehensive migration. Installation and "Smart" Remote Hands: Iron Mountain's team of infrastructure professionals provide installation and on-going technical support services -- from cable management and server/storage deployments to reboots and hard drive replacements. Secure Network Services: Customers have numerous options for transmitting data between Iron Mountain data centers and assistance ordering carrier services via on-demand network services like Internet bandwidth and secure IP transport. Offsite Tape Vaulting: Iron Mountain provides tape storage services both at the hosted data center and at Iron Mountain's more than 60 tape vaulting locations throughout the United States. This allows customers to preserve media for disaster recovery or long-term retention using a rigorous chain-of-custody and audit trail during transport and storage. Secure IT Asset Disposition: This offering helps organizations safely recycle or repurpose decommissioned data center assets like servers, racks, storage systems and networking components.

Iron Mountain Inc. announced that they will report Q1, 2013 results at 9:00 AM, Eastern Standard Time on May 01, 2013