| Iron Mountain reports first quarter 2003 results Iron Mountain Incorporated has reported higher revenues, EBITDA and earnings for the quarter ended March 31st, 2003. The company also reported that it generated $72 million of operating income, an increase of 26 percent over the first quarter of 2002. Iron Mountain's total consolidated revenues for the quarter ended March 31st, 2003 grew to $352 million, an increase of 11 percent compared with the quarter ended March 31st, 2002. Storage revenues increased to $203 million for the first quarter from $183 million for the same period in 2002. EBITDA (earnings from continuing operations before interest, taxes, depreciation and amortisation) was $104 million for the quarter ended March 31st, 2003 compared to $80 million, for the quarter ended March 31st, 2002. Operating income for the first quarter of 2003 was $72 million, compared to $57 million.
•Date:
1st May 2003 •Region: N.America •Type:
Article •Topic: BC
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