Iron Mountain Inc IRM
Q4 2012 Earnings Call Transcript

Transcript Call Date 02/28/2013

Operator: Good morning. My name is Bonnie, and I will be your conference operator today. At this time, I would like to welcome everyone to the Iron Mountain Fourth Quarter 2012 Earnings Call Webcast. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. Thank you.

I would now like to turn the conference over to Ms. Melissa Marsden, SVP of IR. Please go ahead, ma'am.

Melissa Marsden - SVP, IR: Thank you, Bonnie, and welcome everyone to our 2012 fourth quarter and year-end 2012 earnings conference call. As Bonnie, I'm Melissa Marsden, Senior Vice President of Investor Relations and I just joined the Company's IR team a few weeks ago. This morning we'll hear from Bill Meaney, our new CEO, who will discuss highlights and his early focus areas; followed by Brian McKeon, our CFO, who will cover financial results and guidance. After their prepared remarks, we'll open up the phones for Q&A.

Per our custom, we have a user-controlled slide presentation at the Investor Relations page of our website at Referring now to Slide 2, today's earnings call and slide presentation will contain a number of forward-looking statements, most notably our outlook for our 2013 financial performance. All forward-looking statements are subject to risks and uncertainties. Please refer to today's press release, the Safe Harbor language on this slide, and our most recently filed Annual Report on Form 10-K for a discussion of the major risk factors that could cause our actual results to differ from those in our forward-looking statements.

In addition, we use several non-GAAP measures when presenting our financial results and the reconciliations of these non-GAAP measures as required by Reg G can also be found at the Investor Relations page of our website in addition to today's press release.

With that, I'd like to introduce our new CEO, Bill Meaney.

William Meaney - President and CEO: Thank you, Melissa. It's great to be here today. I have had the opportunity to meet with several of you since joining the Company in January and I look forward to getting to know our investors, analysts over the coming months. Before I get started, I would like to just take a minute to welcome Melissa Marsden to Iron Mountain. Brian and his team have been working with Melissa as a consultant for some time and she officially joined us in her current capacity as Senior Vice President of Investor Relations earlier this year.

Melissa brings more than 25 years of Investor Relations experience across a range of industries and most recently, she served as Managing Director of IR of ProLogis, which as some of you probably know, is the global leader – the largest global industrial REIT where she was named the top REIT IR Officer by Institutional Investor. So, we are very pleased to have Melissa here and the capabilities that she brings to our team as we work to expand Iron Mountain's investor base.

Now that as the introduction to Melissa, let me just kick off with a couple of comments on our performance and then Brian will cover the details in a few minutes. Iron Mountain wrapped up another solid year with revenues of $3 billion and adjusted OIBDA of $912 million and adjusted earnings per share of $1.21, all in line with our expectations.

Read our Earnings Call Transcript disclaimer.
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