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Stock impact report

Orion Office REIT Inc. Reports Mixed 2023 Results Amid Market Challenges [Yahoo! Finance]

Orion Office REIT Inc. (ONL) 
Company Research Source: Yahoo! Finance
Net Loss : $(57.3) million, or $(1.02) per share for the full year 2023, improving from $(97.5) million, or $(1.72) per share in 2022. Core FFO : $94.8 million, or $1.68 per share for the full year 2023, compared to $108.2 million, or $1.91 per share in 2022. Leasing Activity : 261,000 square feet of leasing completed in Q4 2023 and an additional 95,000 square feet subsequent to year-end. Property Dispositions : Sold six properties for $25.4 million in 2023. Debt Repayment : Repaid $59.0 million in debt obligations during 2023. Dividend : Declared a dividend of $0.10 per share for the first quarter of 2024. Warning! GuruFocus has detected 2 Warning Sign with ONL. On February 27, 2024, Orion Office REIT Inc ( NYSE:ONL ) released its 8-K filing , disclosing its financial results for the fourth quarter and full year ended December 31, 2023. The company, which specializes in the ownership, acquisition, and management of single-tenant net lease office properties across the U Show less Read more
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