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Iron Mountain Maintains FY19 Outlook

Iron Mountain Inc. (IRM), a provider of storage and information management services, maintained its 2019 full-year guidance, expecting revenue growth of 1% to 6% on a constant currency basis.

For the year, the company expects adjusted EBITDA growth in constant currency to be flat to 8% and AFFO growth to be up 1% to 8%.

Iron Mountain expects stronger adjusted EBITDA growth in the second half of the year after expected ongoing expenses in the second quarter, which are a residual effect of the higher costs incurred in March.

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